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
Guardians of the Galaxy
Guardians of the Galaxy1Daily:$2.1M Cumulative:$255.2M Disney 26.88%
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles2Daily:$1.7M Cumulative:$148.5M Paramount Pictures 28.38%
If I Stay
If I Stay3Daily:$1.5M Cumulative:$18.5M Warner Brothers / New Line 21.30%