Although he rarely makes it into the office these days,
The 90-year-old controlling shareholder of
That represented a 50% increase over Redstone's 2012 Viacom compensation of $24.2 million. Redstone's base salary remained unchanged at $1.75 million. The big jump came as a result of an increase in the value of Redstone's stock option equivalents awarded in 2006.
Redstone's 2013 compensation package outdistanced that of
Redstone, who lives in Beverly Hills, and other top Viacom executives benefited from Viacom's soaring stock price. The company's common shares rose 59% in 2013.
Viacom's top executives have long been among the highest paid in corporate America. In 2013, the top three executives -- including Redstone -- were paid a combined $102 million in cash, stock and other incentives.
Dauman collected a base salary of $3.5 million. He received stock worth more than $10 million, plus nearly $6 million in stock options. Dauman was also paid a cash bonus of $16.9 million.
Viacom's third-ranking executive, Thomas E. Dooley, 57, received a $29-million package last year. The chief operating officer was paid a base salary of $2.5 million. He also received $8.3 million in stock and a $13.4-million cash bonus.
Viacom's fiscal year ended Sept. 30.
Redstone also draws a salary for his role as executive chairman on