Disney CEO Bob Iger received a $31.6 million compensation package in 2023, marking a significant increase from the previous year.
His package included a base salary, stock awards, stock options, performance-based compensation, and other compensation.
Iger returned to lead Disney in 2022 after retiring, while his successor, Bob Chapek, received $9.9 million in total pay despite leaving the company.
Disney CEO Bob Iger responds to Elon Musk:
"I have a lot of respect for Elon and what he's accomplished. We felt the association with that position and Elon Musk and X was not necessarily a positive one for us and we decided we'd pull our advertising." pic.twitter.com/CtBZH0awLN
— Citizen Free Press (@CitizenFreePres) November 30, 2023
Disney has faced challenges, such as box office flops and declining TV viewership, prompting cost-cutting measures.
Despite progress, Iger acknowledged the need for further improvement during the company’s fourth quarter earnings call in November.
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