Discovery, Inc. president and CEO David Zaslav was awarded a one-time discretionary bonus of $4.4 million by the company’s board March 1 in honor of his “exceptional leadership” ahead of Discovery’s acquisition of WarnerMedia.
Per a Monday SEC filing, “The Board approved the one-time bonus (which is in addition to the 2021 annual bonus that Mr. Zaslav is entitled to receive under his Amended and Restated Employment Agreement, dated as of May 16, 2021) in recognition of Mr. Zaslav’s exceptional leadership through the pandemic, the successful launch of discovery+ and his efforts in 2021 to initiate, negotiate and enter into the transaction with the WarnerMedia Business.”
According to Discovery, Zaslav’s $4.4 million discretionary bonus is “similar to the discretionary ‘performance pool’ component under the 2021 Discovery Incentive Compensation Plan,…
