Discovery CEO David Zaslav's Pay Drops to $45.8 Million in 2019

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Discovery CEO David Zaslav's Pay Drops to $45.8 Million in 2019
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Discovery disclosed the compensation for David Zaslav and other top executives in a regulatory filing on Wednesday

Discovery Inc. president and CEO David Zaslav's 2019 pay package dropped to $45.8 million. That was down from $129.4 millionThe company disclosed the compensation for Zaslav and other top executives in a regulatory filing on Wednesday.

Discovery's 2019 revenue increased 6 percent, and adjusted operating income before depreciation and amortization rose 12 percent. The company's shares ended 2019 up 32.3 percent, outperforming its direct peers. The company also reported more than $3.1 billion in free cash flow, exceeding its guidance for the metric that Wall Street analysts have spent more time focusing on, including amid the coronavirus pandemic.

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