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Lower Pay For Viacom’s Top Execs In 2012

Los Angeles Times | by TVNewsCheck

Smaller bonuses led to compensation decreases in fiscal 2012 for the top executives at Viacom Inc., who traditionally have been among the nation’s most richly paid. CEO Philippe Dauman took home $33.5 million in the year that ended Sept. 30, down 22% from the previous year. His No. 2, COO Tom Dooley, saw a 23% drop to $26.3 million. Compensation for Chairman Sumner Redstone, who holds the same title at CBS Corp., dropped 3% to $20.4 million.