Disney Executive Temporary Pay Cuts May Be Coming to an End

By Tom Bell | Published August 20, 2020

According to documents obtained by Deadline, temporary salary reductions for executives at The Walt Disney Company are ending on August 23rd.

The reductions went into effect on April 5th as a cost cutting measure in the early weeks of the COVID-19 pandemic. The cuts ranged from 20% for Vice Presidents, up to 50% for CEO Bob Chapek and 100% for Chairman Bob Iger.

At the time, Disney put no end date on the reductions, but Deadline learned that executives were told yesterday that their salary would be restored on Sunday and that the changes would be reflected on their next check.

Deadline has not been able to confirm the salary updates with Disney or exactly which executives are affected.

Image: Disney

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Tom Bell

Tom is the former host/producer of the Disneyland Edition podcast and is currently the co-host of the Connecting With Walt podcast, plus is also providing Disneyland content from the parks. He enjoys traveling with friends and spending time with family, including his son and grandson. In his spare time he volunteers with Scouts BSA and Cub Scouts, and helped found his son's former Cub Scout Pack. His favorite Disneyland attraction is Space Mountain.

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