Bob Bakish Net Worth

The American business executive Bob Bakish is the President and CEO of Viacom. He was appointed by the Viacom board of directors to the position in November 2016. Before the merger with CBS Corporation, he held the same position at Viacom. However, he was not awarded the same amount of compensation. His compensation package includes $16 million in stock awards and a salary of $3.1 million.

Before joining the Viacom family, Robert Bakish worked for management and technology consulting firm Booz Allen Hamilton. As a result, he is known for his knowledge and skills in the media and entertainment industry. This is evident from his impressive track record, as well as his outstanding performance in the field. During his career, he has risen to many positions.

After receiving his MBA from Columbia Business School, he became a partner of Booz Allen & Hamilton’s Media and Entertainment Practice. Until 2007, he served as the Executive Vice President and Chief Operating Officer of MTV Networks. By the end of 2007, he was promoted to the President and Chief Executive Officer of the company. While serving in this role, he overhauled Viacom and led the company to international territories. At that time, he recruited Jim Gianopulos as the new CEO of Paramount Pictures.

Bakish was also the Executive Vice President and Chief Executive Officer of MTV Networks International. In addition to his role as an executive, he acted as a member of the board of directors of Avid Technology. There, he served as chair of the company’s compensation committee. Previously, he was the executive vice president of the Cable Television Advertising Bureau (CTAB).

He has been married to Dee since 1989 and they have two daughters. They are currently living in New York City. Although he has never revealed his religion, it is likely that he follows Christianity. Currently, he owns a modest lifestyle. Most of his earnings come from gifts, investments, and individual use.

He has been active in the media and entertainment business for more than 30 years. As CEO of Viacom, he has managed the company’s expansion to international regions, including Russia and Latin America. Moreover, he revamped the company’s live experiences. Besides, he implemented a five-point plan to improve the company’s finances. These included optimizing the company’s content, deepening its distributor partnerships, and increasing its digital offerings.

Throughout his career, he has worked for companies like Viacom, Nickelodeon, and Comedy Central. In fact, he was credited with the turnaround of the company, and was named as the 20th most powerful person in the entertainment industry by The Hollywood Reporter.

In addition to his work at Viacom, he has been the President and CEO of Paramount Global, the holding company of the Paramount Channel and the Paramount Pictures. His compensation package includes a base salary of $3 million, and a bonus of $7,910,000. On top of this, he is eligible for annual equity grants of $16 million. Hence, he is set to earn a total of $23,990,412 in 2019.

Since December 4, 2019, he has been the President and CEO of Viacom Inc. He is responsible for the company’s operations, and he is expected to receive a three-year contract renewal.