leadership
confidence high
sentiment neutral
materiality 0.65
WBD outlines post-separation exec roles for Campbell & Perrette with $2.3M base, $9.5M 2025 equity
Warner Bros. Discovery, Inc.
- Campbell to become COO of Warner Bros. post-split; current salary $2.946M, new salary $2.3M, equity target $11.6M/year.
- Perrette to become President & CEO, Global Streaming & Games of Warner Bros.; salary $2.3M, annual equity target $10.6M.
- 2025 equity grants increased to $9.5M for both; incremental $1M awards on Aug 15, 2025.
- Current agreements extended to 2028; separation must close by Dec 31, 2026, or new agreements void.
- Both executives have 12-month non-compete; severance up to 24 months base plus bonus.
item 5.02item 9.01