Les Moonves’ Pay Jumps 23 Percent in 2016 to Nearly $70 Million

CBS boss gets big bonus bump

Last Updated: April 7, 2017 @ 2:55 PM

CBS chairman and CEO Leslie Moonves made a cool $69.6 million last year, up almost 23 percent from 2016.

In 2015, the boss hauled in $56.8 million. While his salary remained steady at $3.5 million annually, Moonves nabbed an extra $13 million in bonuses across 2016.

This time around, his stock awards grew by almost $6.5 million, year over year. That said, those were offset by a complete lack of options — that category accounted for $7.2 million in 2015.

We doubt he’s complaining too much about the tradeoff, as Moonves’ total take was more than $20 million above the combined compensation of the next four highest-paid senior executives at CBS. Plus, his trajectory was much better than the last time around.

Then again, so was the company’s. Moonves earned his money in 2016 because he made dough for shareholders as well: CBS stock closed 2015 at $47.13; it finished the following year at $63.62.

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