Culture&Arts

Disney CEO Bob Iger's Annual Pay Falls 17 Percent to $36.3 Million

Disney CEO Bob Iger's Annual Pay Falls 17 Percent to $36.3 Million

Walt Disney chairman and CEO Bob Iger's compensation amounted to $37.3 million in the latest fiscal year, compared with $43.9 million in the previous year, according to a regulatory filing.

To be more specific, Iger made $36,283,680 a year ago, according to a Friday filing with the Securities and Exchange Commission (SEC).

Iger's pay package for the fiscal year ended September 30 included a $2.5 million base salary along with stock and options awards and more. Non-equity incentive compensation fell to $15.2 million from $20 million. General Counsel Alan Braverman's total compensation slid to $8.45 million from $11.12 million. It bought a majority stake in video streaming platform BamTech, opened an "Avatar"-themed attraction at one of its amusement parks in Orlando, Florida, and announced the US$52.4 billion deal with Fox in December".

Hong Kong, London, New York shortlisted for Aramco IPO, Toronto out
He repeated this on Wednesday, but stressed he had received no word of any decision by authorities on foreign listing venues. The change also indicated the listing was moving ahead despite market speculation it could be delayed or totally shelved.

In conjunction with the Fox deal, he signed a new contract that boosted his regular compensation and entitled him to an additional US$100 million in stock awards. Chief Human Resources Officer M. Jayne Parker's pay also fell to $5.09 million from $5.6 million. Mr Iger will now serve as CEO until 2021, the fourth time the company postponed his planned retirement date. But spearheading the biggest acquisition in Disney's almost 100-year history required him to stay.

The proxy statement also officially notified Disney shareholders of the annual meeting, set for March 8 in Houston.


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