ISS Tells Warner Bros. Investors to Vote Against CEO Pay Plan

Warner Bros. Discovery Inc. shareholders should vote against the company’s executive pay package and five directors at the June 9 annual meeting, according to Institutional Shareholder Services Inc.

The Warner Bros. compensation committee “demonstrated poor responsiveness to shareholder concerns” following a failed vote on approving executive compensation last year and the target pay opportunities for Chief Executive Officer David Zaslav “remain outsized,” the proxy adviser said in a May 22 report to clients. Zaslav earned $165 million last year, more than tripling his compensation from 2024.

Warner Bros. shareholders are scheduled to meet virtually at 10 a.m. New York time ...