The Orlando Sentinel is reporting that Walt Disney Co. CEO Bob Iger’s 2016 salary total was down slightly from his 2015 salary. In 2016, he made $43.9 million; his 2015 salary was $44.9 million.
Disney filed paperwork this week with the Securities and Exchange Commission releasing these numbers.
The article states “Iger’s compensation includes a base salary of $2.5 million and a cash bonus of $20 million, along with stock and option awards. It also includes $282,831 worth of air travel and $869,476 in security costs.”
In spite of the company’s many successes in the movie studios division and others, Iger’s cash bonus was lowered because overall growth this year was not as high as the previous year.
Disney said that Iger “showed leadership in the exceptional success of the Company’s relaunch of the Star Wars franchise and the historic and successful opening of Shanghai Disney Resort.
Iger’s contract expires in June 2018; he is expected to step down at that time.
News source: Orlando Sentinel
Photo credit: ABC
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.
