Viacom CEO Philippe Dauman's pay climbed rose 19 percent to $44.3 million last year while the TV-and-film company's stock slumped and its earnings remained flat.
The compensation package disclosed in a Friday regulatory filing included a $20 million bonus and stock awards valued at $19.9 million at the time they were granted. Dauman also pocketed a $3.9 million salary and various perks worth a total of $500,313.
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Viacom owns MTV, Nickelodean and several other cable-TV channels, in addition to the Paramount movie studio. The company's stock sank 8 percent during the last fiscal year while the Standard & Poor's 500 index rose by 17 percent during the same period.
The Associated Press calculates an executive's total compensation by counting salary, bonuses, perks, stock and options awarded during the year.