Zaslav will be eligible for PRSUs, based on cash flow, while a pot of $27 million will be offered to other key execs and employees.
is shifting its corporate focus to generating free cash flow and reducing its debt load, and it wants its top executives on the same page.
The company on Monday said it will be tweaking its compensation packages for top executives, offering bonuses in the form of performance stock units based on their success in generating cash and helping the company reduce its leverage. “The changes to the Warner Bros. Discovery executive compensation program are designed to further incentivize Company employees, including members of its leadership team and others whose efforts are critical to achieving the key near-term financial objectives of increased free cash flow and reduced leverage,” said WBD board chairman Samuel A. Di Piazza, Jr. in a statement to.
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