Former CBS CEO Joe Ianniello Earns $125 Million Exit Package

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Former CBS CEO Joe Ianniello Earns $125 Million Exit Package
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ViacomCBS disclosed the compensation for its top executives, in its first proxy filing since merging the two Redstone family-controlled companies last year

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Meanwhile, former CBS CEO Joe Ianniello, who parted ways with the company at the the end of January, received his full separation fee of $125.4 million, the filing shows. Viacom disclosed Bakish and Ianniello's compensation in a regulatory filing. According to a previous merger filing with the Securities and Exchange Commission, he will be eligible for $31.5 million in compensation as CEO of ViacomCBS, split between a $3.1 million salary, annual equity grants valued at $16 million and an annual bonus valued at $12.4 million. The final compensation will fluctuate based on performance and stock price.

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