For the Highest-Paid C.E.O.s, the Party Goes On

[n2doc]

Some of the highest-paid executives and their boss. From left: Gregory B. Maffei, C.E.O. of Liberty Media, earned $74 million; Michael T. Fries, C.E.O. of Liberty Global, earned $112 million; John C. Malone is the chairman of both companies and sits on the board of Discovery Communications; David M. Zaslav, C.E.O. of Discovery Communications, earned $156 million. Credit



It pays to work for John C. Malone.

The billionaire who built a cable and communications empire is 74, and no longer a chief executive himself. But Mr. Malone still exerts sway from various boardrooms, and the C.E.O.s at the companies he oversees are routinely among the best compensated managers on the planet. Last year, the largess was particularly notable.

Take Discovery Communications, the cable group behind Shark Week and shows like “Cake Boss.” Mr. Malone spun Discovery out of his media group and still sits on the board. His choice for chief executive, David M. Zaslav, received total compensation worth $156 million last year, making him the highest-paid chief of an American public company, according to the Equilar 200 Highest-Paid CEO Rankings, conducted for The New York Times.

Just behind Mr. Zaslav on the list of the highest-paid chief executives is Michael T. Fries of Liberty Global, an international cable and wireless group that Mr. Malone presides over as chairman. And while Mr. Fries made considerably less than Mr. Zaslav — $44 million less — he still got a package worth $112 million.

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http://www.nytimes.com/2015/05/17/business/for-the-highest-paid-ceos-the-party-goes-on.html?_r=0

Organized Crime

[GeorgeGist]

1. Crap sells.