Back from the brink of bankruptcy, the satellite radio giant is on the hunt for $2 billion of its own shares and a new CEO.
CBS CEO Mel Karmazin locked in a $195 million gain when he exercised 10-year-old stock options last year, CBS revealed Thursday, and also collected $6 million in salary and bonuses.
CBS Corp. Chairman and CEO Michael Jordan is leaving the company at the end of the year, allowing Mel Karmazin to complete his rocket-fast rise to power at the Eye a few years earlier than expected.
More “Mel Karmazin” on Variety.com
Domestic Film DAILY
PROVIDED BY: Box Office
Lucy1Daily:$5.0M Cumulative:$48.9M Universal Pictures -57.86%
Hercules2Daily:$3.3M Cumulative:$33.1M Paramount Pictures -60.81%
Dawn of The Planet of The Apes
Dawn of The Planet of The Apes3Daily:$2.2M Cumulative:$174.7M Fox -58.37%