WarnerMedia: This life moves fast - ask Jason Kilar
Update: Kilar plans to remain with WB until 2022 when the merger is complete. #Respect
I respected his decision to bolster HBOMax with movies that the Covid-afflicted theaters weren't going to be showing. And I guess his ideas just weren't well received...so it's golden parachute time.
Kilar earned $52.1 million during his first (and now only) year leading WarnerMedia, which dwarfed that of his boss, AT&T CEO John Stankey. Kilar took home more than $49 million in stock awards, on top of his base pay of $1.67 million. However, that $49 million will vest over the next four years. Kilar’s yearly compensation package was to be around $17 million going forward.