Disney CEO Bob Iger receives 12% raise

Leah Zanolla | Posted: Jan 23, 2012 | Updated: Oct 19, 2014 - 9:25:27 AM

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Walt Disney Co. CEO Bob Iger received a 12 percent pay raise in 2011, according to the Associated Press. The AP released a data analysis this week of Igers's salary, which includes bonuses, stock options and other perks, all of which add up to $31.4 million. Giving a similar response to last year's raise, Disney said that Iger "merited a boost in compensation for excellent management in a tough economic environment." The entertainment giant posted record-breaking numbers overall for 2011, even though there were some dips in stock prices at times. The profits are largely due to the company's success in the 3D film market.

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