No problem: The replacements likely won’t lead a palace revolt. According to a story at deadline.com Discovery CEO David Zaslav pretty much owes his job to Malone, who controls about 29% of Discovery’s voting shares, and sits on its board.
And Malone’s 42-year-old son, Evan, sits on
board and lately has worked in engineering and real estate in Philadelphia where he also runs a wine bar.
Aside from that news, the proxy offers the usual info about executive compensation — including the 2012 package for former CEO Mel Karmazin, who left in December. It includes $1.5M salary, and a $9.5M bonus.
The total is 5.3 times more than the median for the other top execs, which would trigger alarm bells about Karmazin’s clout if he were still there.