Leslie Moonves took a big hit in his compensation after being forced to resign as CEO of CBS last year.
Moonves, who stepped down in September following multiple sexual misconduct accusations against him, forfeited $34.5 million of his $42.5 million in stock awards as part of his separation agreement, according to the company’s proxy filing with the Securities and Exchange Commission on Friday.
That took his total compensation down to about $12.5 million for the year, including his salary and pension.
President and acting CEO Joe Ianniello saw his take-home pay rise in 2018 by $5 million to $27 million.