Comcast’s Roberts ranks 10th among nation’s highest-paid CEOs

Tue, 05/27/2014 - 12:30pm
Mike Robuck

Comcast CEO Brian Roberts was among the nation’s highest-paid CEOs last year, according to recent research by the Associated Press and executive pay research firm Equilar.

Ranked 10th overall, Roberts pulled down $31.4 million last year, which was up 8 percent from the previous year. Joining Roberts in the top-10 were CBS’ Les Moonves and Viacom’s Philippe Dauman, who were ranked second and fifth, respectively.

Moonves raked in $65.6 million, a 9 percent increase, while Dauman was good for $37.2 million, which was up 11 percent.

Last year Moonves dug his heels in on CBS’ retransmission agreement with Time Warner Cable, which eventually led to disappointing earnings results by Time Warner Cable and this year’s proposed $45 billion merger with Comcast. Viacom has also taken a hard line on negotiating retransmission agreements, including with Cable One earlier this year.

Discovery Communications David Zaslav was ranked eight overall with a salary of $33.3 million, which was actually down 33 percent. Also of note in the top-10, Time Warner’s Jeff Bewkes saw his salary increase by 27 percent last year to $32.5 million, which put him one spot ahead of Comcast’s Roberts.

Walt Disney’s Robert Iger, ranked No. 7, earned $34.3 million off of a whopping 46 percent increase over the previous year. Iger’s salary increase was somewhat paltry in comparison to Nabor Industries’ Anthony Petrello, who saw his salary increase by 246 percent to $68.2 million, which topped the salary survey.

Aside of Roberts, there weren’t any other cable operator CEOs in the top-50, although AT&T’s Randall Stephenson came in at No. 32 with a salary of $20.7 million, which was up 10 percent. AT&T has its own megadeal in the works with DirecTV.

Time Warner Cable CEO Rob Marcus, who took over the top spot in January, will reportedly receive nearly $80 million if the deal with Comcast closes.

The Associated Press contributed to this article.



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