Paramount CEO David Ellison to Receive $150 Million in Cash and Stock Tied to Warner Bros. Merger Closing

Paramount CEO David Ellison is set to receive awards of $50 million in cash and $100 million in stock tied to the closing of the company's pending $110 billion merger with Warner Bros. Discovery. Meanwhile, the media giant's Chief Strategy and Operating Officer Andy Gordon will receive a $15 million cash award and $23 million stock award, while Chief Legal Officer Makan Delrahim will receive a $12.5 million cash award and $12.5 million stock award. The awards, which were disclosed in an amended 10-K filing with the U.S. Securities and Exchange Commission on April 24, will be paid in a lump . . .