Disney’s CEO Bob Iger’s salary is 80% to $ 65.6 million

Disney's CEO Bob Iger
Disney’s CEO Bob Iger

Credit Image: cartoonbrew

The chairman and chief executive of Walt Disney Company, Bob Iger, received the biggest salary last year.

According to Friday’s regulatory filing, the total compensation of Iger was $ 65.6 million in the fiscal year 2018, which was an increase of 80% from next year.

This bounce was mostly due to large stock bonuses, which was given to BestBank Entertainment Giants on the executive basis, on the basis of the company’s performance during the financial year, which ended on September 29 to develop its business and several key strategic Finished a series of moves.

In the filing, the Disney’s compensation committee highlighted Eger’s leadership on the company’s acquisition of 21.3 million Fox’s $ 71.3 billion of assets and the development of its key strategy for new subscription streaming video services, including the upcoming Disney + Will compete with.

The total earnings of the Iger’s stock awards were $ 35.4 million, nearly four times the $ 9 million stock at the Stock Awards, which they received a year ago. Most of that jump was connected to a contract extension. At the end of 2017, Iger extended its contract to supervise Disney, until 2021, because it foams its deal to absorb Fox assets. Disney has to face a decisive moment at the end of 2019 when it is expected to launch Disney +.

Bob Iger's salary

Credit Image: The Walt Disney Company

In FY 2018, the base salary of Iger increased from $ 2.5 million to $ 2.9 million. His salary package included $ 8.3 million, $ 18-million cash bonuses and $ 1.1 million in other compensation in the stock option.

Even if you separate the Fox acquisition, which is expected to be closed within weeks, then Disney had a big year. The company released several blockbusters, including “Star Wars: The Last Jedi,” “Black Panther,” “Avengers: Infinity War” and “Incredibles 2”, each of which has more than $ 1 billion in worldwide box sales. Earning In addition, the company reported record operating results from its parks and resorts segment.

After 21 years of Fox Deal closure, 67-year-old Egger is ready for another big pay. In December, Disney raised Bar to acquire more than $ 100 million in stock units after the acquisition.

Disney and Eger agreed to change the terms of their contract more closely to reflect the combined price of the joint media company’s share price. The adjustment came after Disney received a blow to shareholders on its compensation in March when most shareholders voted against Disney’s payment plan.

In addition, Disney said on Friday that the executive director of top CVS Health Corp W. Rice has been nominated for joining the company’s board of directors. Rice serves as the Vice President of CVS and President of its Pharmacy Profit Management Business, CVS Caremark. Rice will stand in the company’s annual investor meeting for the election of the Disney board on March 7.

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