Warner Bros. Discovery president and CEO David Zaslav’s pay package rose just over 4% to $51.9 million in 2024, according to the company’s 2025 proxy statement filed Friday.

Zaslav had a 2023 pay package worth $49.7 million, up 26.5% from the year prior. Zaslav’s compensation totaled $39.3 million in 2022, after he received an astonishing $246.6 million (which included $203 million in stock-option grants) in 2021.

For 2024, Zaslav’s base salary was $3 million. He received stock awards worth $23.1 million, bonus compensation of $23.9 million and “all other” compensation of $1.9 million.

Cash bonuses and stock awards for Zaslav and WBD’s other named executive officers are tied to free cash flow targets.