Paramount Skydance Corp.'s new chief legal officer made $63.6 million during his first three months on the job, according to an SEC filing.
Makan Delrahim joined the company in October after three years at Latham & Watkins LLP, where he provided legal counsel to Skydance Media leading up to its $8 billion merger with Paramount in August. He also spent three years as assistant attorney general in the Justice Department’s antitrust division during President Donald Trump’s first term.
Delrahim’s compensation positions him as one of the S&P 500’s top paid legal officers, based on filings so far this year. His quarter’s worth of compensation was more than double the $30.2 million Alphabet Inc.'s Kent Walker earned in 2024, the biggest pay package for any chief legal officer named in S&P 500 filings at the time, according to a Bloomberg Law analysis last year.
The compensation disclosure comes as Paramount Skydance Corp. plans to buy Warner Bros Discovery Inc. The two companies entered into a merger agreement in February, and Warner Bros. shareholders “overwhelmingly” approved the deal at an April 23 meeting, according to a company press release.
Ninety percent of Delrahim’s compensation came in the form of sign-on stock awards that vest over five years. His base salary was $844,828.
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