David Zaslav exits Warner Bros. Discovery with 600 million payout

At a glance

David Zaslav received more than $600 million from his shares in connection with Paramount's acquisition of Warner Bros. Discovery.1 2 3
Zaslav is stepping down from his role as chief executive as the transaction closes.2 3

Former Warner Bros. Discovery chief executive David Zaslav received more than $600 million for his shares following the company's sale to Paramount.1 2 3

Paramount finalized its acquisition of Warner Bros. Discovery after the companies agreed to the transaction.1 2 3

Zaslav is stepping down from his executive leadership role as the transaction concludes.2 3

The payout resulted from the exchange and liquidation of his company shares.1 2

Where sources agree

Zaslav received over $600 million from the transaction3 of 3
Paramount acquired Warner Bros. Discovery3 of 3
Zaslav is exiting his position as chief executive2 of 3

Who covered this

3 National

Sources

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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