ISS (Institutional Shareholder Services Inc.) issued a May 22, 2026 report recommending Warner Bros. Discovery Inc. shareholders vote against the executive compensation package for CEO David Zaslav and against five directors who sit on the compensation committee at the June 9, 2026 annual meeting.
Zaslav earned $165 million in 2025, more than three times his 2024 compensation of $51.9 million, and ISS described the target pay opportunities as outsized.
ISS previously opposed a golden parachute that would accelerate equity awards valued at over $500 million for Zaslav; at a special meeting in April 2026 shareholders approved the pending $110 billion merger with Paramount Skydance Corp. but rejected the CEO package in a non‑binding vote.
At the 2024 annual meeting a non‑binding say‑on‑pay vote showed a majority of shareholders opposed Zaslav’s $51.9 million compensation.
ISS advises voting against five of the 13 board nominees (all compensation‑committee members) while recommending a vote for Zaslav’s re‑election.
The annual meeting will be held virtually at 10 a.m. New York time on June 9, 2026.
Paramount Skydance Corp. expects the $110 billion Warner Bros. merger to close by the third quarter of 2026.
