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Paramount Global Extends EVP Doretha Lea’s Contract
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Paramount Global Extends EVP Doretha Lea’s Contract

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The latest update is out from Paramount Global Class B ( (PARA) ).

Paramount Global has extended the employment term of Doretha F. Lea, the Executive Vice President of Global Public Policy and Government Relations, until December 31, 2028. As part of the new agreement effective December 5, 2024, her compensation package includes a base salary of $1 million, an increased target annual cash bonus of 110% of her salary, and equity compensation valued at $1.25 million, contingent upon performance goals set by the Board’s Compensation Committee.

More about Paramount Global Class B

YTD Price Performance: -23.18%

Average Trading Volume: 8,701,712

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $7.97B

For a thorough assessment of PARA stock, go to TipRanks’ Stock Analysis page.

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