The Walt Disney Co. released a statement this week stating that CEO Bob Iger earned $46.5 million in 2014; this is up 35% from $34.3 million in 2013. This figure came from his “salary, stock, options, pension and other forms of compensation.” The statement said he “has driven spectacular financial performance and created significant shareholder value.”
The statement was filed with the Securities and Exchange Commission and said that he was “paid a salary of $2.5 million and earned $8.9 million in stock awards, $8.3 million in option awards, $22.8 million in non-equity incentives, an additional $2.8 million to his pension, and $1.1 million in other forms of compensation, including $391,411 for personal air travel and $614,582 for a security detail.”
The bonuses were due to the many successes the company saw in 2014, including Frozen, Guardians of the Galaxy, MyMagic+, and more.
The company as a whole saw financial growth across the board, with revenue going up 7 percent to $12.38 billion and profits increasing 8 percent to $1.49 billion.
Iger will continue in his current position at Disney until June 30, 2018.
News source: Variety
Photo credit: Michael Tellburg/Getty Images
Leah grew up in a little farming town in Illinois, right on the Mississippi River. Her Chicago-born husband, David, left the city for her, and they're now raising their three children (Jacob, Jonah and Lydia) just 12 miles from her hometown. As the Senior Editor of the DIS (wdwinfo.com), Leah spends a lot of time writing about, reading about, and discussing Disney. So, it should come as no surprise that one of her family's favorite ways to spend time is going to Walt Disney World and traveling on Disney Cruise Line. She also enjoys shopping, watching movies with her husband and doing crafts with and for her kids.