As reported by Deadline, The Walt Disney Company’s fiscal 2024 executive compensation report highlights significantly increased earnings for its top executives, with CEO Bob Iger at the forefront. Iger, who rejoined Disney in late 2022 to steer the company through a tough phase, earned a total of $41.1 million in compensation for the year.
— Iger’s pay increased by approximately 30%, from $31.6 million in 2023 to $41.1 million in 2024
Iger’s pay package is based on performance incentives, with a base salary of $1 million. Stock awards account for about $18.3 million, $12 million was option awards, $7.2 million in non-equity incentive plan compensation, and $2.1 million classified as “other.”
Other notable executive pay increases include:
- Hugh F. Johnston (CFO): $24.5 million — up from $20.9 million in 2023
- Horacio E. Gutierrez (Chief Legal and Compliance Officer): $15.8 million — up from $14.8 million
- Sonia L. Coleman (Chief Human Resources Officer): $7.5 million — up from $5.4 million
- Kristina K. Schake (Chief Communications Officer): $6.2 million — up from $4.6 million
Iger has pushed back retirement five times to continue to lead Disney, with his current contract as CEO running until December 31st, 2026. The company has said a new successor will be selected by early 2026.
Disney’s fiscal year ended on September 28th, 2024. The company said their annual shareholder meeting will be held virtually on March 20th.
