While technology executives are grabbing headlines and wealth with lucrative initial public offerings, media bosses are outpacing them with their pay packages.
Leslie Moonves, chief executive officer of CBS Corp., received $66.9 million in compensation last year, bringing his three-year total to almost $200 million and highlighting the rich payouts in media.
Chief executive officers aren’t always the highest-paid employees.
Viacom Inc. Chief Executive Officer Philippe Dauman said the company’s Paramount Pictures studio will drive growth next year with the expansion of a television channel drawing from its film library.
Presidents Barack Obama and Francois Hollande pledged to elevate cooperation between their countries as the French leader sought to leverage the relationship to boost investment by U.S. companies.
Presidents Barack Obama and Francois Hollande said the U.S. and France are embarking on a new, elevated level of cooperation as they confront global security threats in Syria and Iran, deal with climate change and seek more economic growth.
Shares in Viacom Inc. rose after the owner of cable networks Nickelodeon and MTV reported fiscal second-quarter profit that exceeded analysts’ estimates on improved advertising sales.
Meredith Parker, a 23-year-old sales rep in New York, spends most nights out meeting friends or attending work events. Any night but Monday.
Viacom Inc. promoted Chief Financial Officer Thomas E. Dooley to the new post of chief operating officer, establishing him as second in command behind Chief Executive Officer Philippe Dauman .