Performance Does Not Match Pay At Viacom

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Los Angeles Times   |  Meg James   |   April 19, 2008 11:38 AM


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All chief executives are not equal in media mogul Sumner Redstone's empire, at least when it comes to what they are paid.

Viacom Chief Executive Philippe P. Dauman last year earned 56% less than CBS Corp. CEO Leslie Moonves, even though Viacom has a market capitalization 72% greater than CBS and performed substantially better.

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- Dantana See Profile I'm a Fan of Dantana permalink

He's got that Conan O'brien thing goin on!

    Favorite    Flag as abusive Posted 12:04 PM on 04/21/2008
- ratcityreprobate See Profile I'm a Fan of ratcityreprobate permalink

It looks like Redstone and Trump use the same bottle to dye their hair pieces.

    Favorite    Flag as abusive Posted 07:16 PM on 04/20/2008
- workingboy See Profile I'm a Fan of workingboy permalink

This is some photo. Redstone resembles an interesting experiment in taxidermy. I deliberately use the word experiment to indicate that the procedure was not necessarily successful.

    Favorite    Flag as abusive Posted 04:12 PM on 04/20/2008
- willo See Profile I'm a Fan of willo permalink

The guy bears a striking resemblance to Howdy Doody.

    Favorite    Flag as abusive Posted 03:14 PM on 04/20/2008
- elcojonu See Profile I'm a Fan of elcojonu permalink

Look at Redstone; 84 and a bad dye job.
That's the image of today's greedy liberal capitalists.
They go on the assumption that they WILL
take it with them.
POBRECITOS.

    Favorite    Flag as abusive Posted 07:56 PM on 04/19/2008
- swift_goat_pet_for_truth See Profile I'm a Fan of swift_goat_pet_for_truth permalink

Performance does not match pay ANYWHERE.

How much did the top execs at Bear Stearns get over the last 3 years? Citi? Countrywide?

Meanwhile, what does Warren Buffett get? The CEO of Costco? (not much, considering how well their companies are doing. CEO of Costco gets, including bonuses, well under a $mil a year)

Then the oil execs get $tens of millions as the stock price goes up, but for what? They are just sitting there while the price of oil triples. A rock could do the same.

The CEO of United Health Care leaves with about Half a $Bil. For what? For denying coverage to the sickest subscribers.

Anyone who argues pay for performance has not been paying attention.

    Favorite    Flag as abusive Posted 04:58 PM on 04/19/2008
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