David Zaslav Gets $606 Million Payout From Paramount-Warner Bros. Merger

David Zaslav is departing his role as president and CEO of Warner Bros. Discovery following its acquisition by David Ellison's Paramount. According to an SEC filing, Zaslav received a payout of approximately $606 million. This windfall resulted from the exchange of common stock and options at $31 per share on October 6. The transaction occurred as Paramount finalized the acquisition of WBD and subsequently changed its corporate name, concluding Zaslav's four-year leadership of the fused company.