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Monday, Sep 25, 2023

Disney CEO’s Compensation Totals $65 Million

Robert Iger, chief executive of Walt Disney Co., took home more than $65 million in compensation last year, according to the Burbank media and entertainment company’s filings with the Securities and Exchange Commission on Friday. Iger’s base salary was $2.9 million, his stock awards were $35 million, options totaled $8.3 million, “non-equity incentive plan compensation” came in at $18 million, with other categories making up the remainder. In a non-binding vote last year, 52 percent of Disney shareholders opposed the compensation packages of Iger and other executives. Disney’s other top executives took home a fraction of Iger’s compensation. General Counsel Alan Braverman received $10.4 million, Chief Financial Officer Christine McCarthy received $11.8 million, Chief Human Resources Officer Jayne Parker received $6.8 million and Chief Communications Officer Zenia Mucha earned $5.1 million. Kevin Mayer, former chief strategy officer and now chairman of Disney’s online streaming and international operations, took home $11.6 million. Shares of Disney (DIS) closed Friday down 15 cents, or a fraction of a percent, to $112.65 on the New York Stock Exchange.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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