Note: VirtualGlobetrotting is an entertainment website is and is not associated © 2020 Cable News Network. purchased this oceanfront home in 2012 for $24.65m from ad mogul Jerry Della Femina. Disclaimer. Zaslav and wife Pam hosted an annual Labor Day bash at their East Hampton estate Saturday for an eclectic mix of moguls, media insiders and political heavyweights. | By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider Last year in East Hampton, the attendees included New York governor Andrew Cuomo, "American Idol" host Ryan Seacrest, and Zaslav's fellow moguls Les Moonves, Jim Dolan and Barry Diller. Nevertheless, Martin Pyykkonen, managing director of equity research at Rosenblatt Securities, remains bullish on Discovery. In … It helps that Zaslav has been extremely successful at the helm of Discovery. Curbed Hamptons has heard that the buyer is David Zaslav, the CEO of Discovery Networks and the third-highest paid CEO in America. The parties he throws at his homes in Manhattan and East Hampton draw a … "We look forward to working with David to do more of the same over the next six years," Malone said at the time. anonymously (anonymous users cannot post links). A roundup of uplifting stories about everyday heroes. since. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Zaslav, 55, is known as Zas to his friends, and he has a whole lot of them. First published June 1, 2015: 10:00 AM ET, These are your 3 financial advisors near you, This site finds and compares 3 financial advisors in your area, Check this off your list before retirement: talk to an advisor, Answer these questions to find the right financial advisor for you, An Insane Card Offering 0% Interest Until Nearly 2020, Transferring Your Balance to a 14-Month 0% APR is Ingenious, The Top 7 Balance Transfer Credit Cards On The Market Today, Get $300 Back With This Outrageous New Credit Card. Factset: FactSet Research Systems Inc.2019. Zaslav received ~ $145 million in compensation between 2010 and 2012, and is thus one of America's highest-paid CEOs. Most stock quote data provided by BATS. The President/CEO of Discovery Communications (Discovery Channel, TLC, etc.) All times are ET. To do that, and keep his pay package at its current lofty level, Zaslav will have to respond to a series of recent setbacks. All Rights Reserved. "David's report card isn't really due in the next year. Sign up for Insider Life. Zaslav, who used to be an adjunct professor at Fordham University, splits his time between New York and Maryland (where Discovery's corporate headquarters are based), and is renowned for his annual star-studded parties. Of the 200 top paid CEOs in America, just 13 are women. with this post, location or person. Most recently under Zaslav, Discovery acquired Scripps Networks Interactive, in a transaction which closed in March 2018. Last year, Zaslav raked in $156.1 million -- $44.2 million more than the next executive, Liberty Global's Michael Fries. Account active David M. Zaslav (born January 15, 1960) is the president and chief executive officer of Discovery Inc., a position he has held since January 2007.. Zaslav, Fries and Liberty Media's Gregory B. Maffei are all a part of Malone's corporate empire, and all ranked in the top 10 of Equilar's list. David Zaslav, Chief Executive Officer of Discovery Communications, and wife Pam, hosted a Shark Week themed Labor Day weekend gathering at their East Hampton home. The contract, which runs until 2019, included a base salary of $3 million and more than $6 million in bonuses. David Zaslav, Chief Executive Officer of Discovery Communications, and wife Pam, hosted a Shark Week themed Labor Day weekend gathering at their East Hampton home. Since he took over as CEO in 2007, the company's stock has increased more than 300%. Della Femina, who initially tried to get $40 million for the property, blamed President Obama for forcing him out of town. The stock has struggled as of late. One in Manhattan brought together former Maryland governor Martin O'Malley, Fox News chairman Roger Ailes, and the tightrope walker Nik Wallenda. Subscriber The parties he throws at his homes in Manhattan and East Hampton draw a unique mixture of politicians, news anchors, executives and reality show stars. He … Zaslav's value going forward, Pyykkonen said, will be determined by how effectively Discovery makes its content available in the digital world. “I want the proceeds of this sale to go to my kids and my grandkids,” he told The Post's Jennifer Gould Keil and Selim Algar. Please log in if you don't want to post All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. The vast majority of Zaslav's 2014 compensation -- $145 million -- came in stock and options, making his compensation largely contingent on the performance of the company's stock. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Pyykkonen said that expansion has been a hallmark of Zaslav's time at Discovery. Guess it pays to lean in. Curbed Hamptons has heard that the buyer is David Zaslav, the CEO of Discovery Networks and the third-highest paid CEO in America. When Equilar unveiled its list of the highest-paid CEOs of American companies recently, Zaslav outpaced better-known moguls like Oracle (ORCL)'s Lawrence Ellison, Yahoo (YAHOF)'s Marissa Mayer, JPMorgan Chase (JPM)'s Jamie Dimon, and 21st Century Fox's Rupert Murdoch. The President/CEO of Discovery Communications (Discovery Channel, TLC, etc.) A Warner Media Company. That’s why I sold right now, that’s why I wanted to get this done.”. Zaslav's total compensation made him the highest-paid CEO since Apple's Tim Cook made more than $370 million in 2011. A leading-edge research firm focused on digital transformation. After several years on the market and several price chops, ad mogul Jerry Della Femina has sold his sprawling Hamptons estate for $25 million, The New York Post reports. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. “I don’t want my money going to Obama, and that’s what’s going to happen in the New Year. CNN Sans™ & © 2016 Cable News Network. All rights reserved. The rest of Zaslav's hefty package is in the form of stock and options. Yahoo's Marissa Mayer is no. purchased this oceanfront home in 2012 for $24.65m from ad mogul Jerry Della Femina. It helps that Zaslav works for a man with a reputation of paying his executives generously. It's down 4% so far this year, and the company's advertising revenue has increased only marginally in the last year. 50ms. While Zaslav had a lucrative year, Discovery's stock lost 24% of its value in 2014. 1 on the list. He just gave the company's stock a "buy" rating, pointing to a methodical foreign expansion that included last year's acquisition of Eurosport. “I’m basically the loser in Obama’s class warfare,” he added. And Zaslav is currently wrestling with a tricky dilemma surrounding one of its most popular programs, "19 Kids and Counting.". The CEO of Discovery Communications (DISCA), Zaslav's portfolio includes TLC, the Oprah Winfrey Network and the Discovery Channel. Zaslav, 55, is known as Zas to his friends, and he has a whole lot of them. There's not a quick answer to this.". You may never have heard of Zaslav before, but you've likely seen his television offerings. (Discovery was spun off from Liberty in 2005.). John Malone, the so-called "king of cable" and chairman of Liberty Media, sits on Discovery's board. cache 4h 1m Netflix removed Discovery's programming last fall, prompting Discovery to partner with Hulu in December. "Time will tell who's made the smartest decision," Pyykkonen said. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Others in Zaslav's orbit include Oprah Winfrey, a business partner of Discovery's with her OWN cable channel; Goldman Sachs CEO Lloyd Blankfein; and former secretary of state Colin Powell. All rights reserved. as well as other partner offers and accept our, Korean Pop Star Psy Picks Up A $1.25 Million Los Angeles Condo >. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. The East Hampton house has eight bedrooms, 6.5 bathrooms, and sits on nearly 1.7 acres. After Zaslav inked his new contract last year, Malone hailed the expansion of Discovery's "reach and relevance.". Zaslav received ~ $145 million in compensation between 2010 and 2012, and is thus one of America's highest-paid CEOs. And Zaslav managed to improve his compensation by way of a new contract he signed last year.

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