business / employment
3 hours ago

Disney CEO Bob Iger's 2024 Pay Rises 30% to $41 Million Amid Succession Planning

Disney CEO Bob Iger's 2024 Pay Rises 30% to $41 Million Amid Succession Planning
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7 Highlights
  • Disney CEO Bob Iger's 2024 pay increased by 30% to $41 million, mostly via stock awards.
  • Iger's influence grows with his pay rise from $31.6 million in 2023 to $41 million in 2024.
  • Disney aims to name Iger's successor by early 2026, aligning with his contract end.
  • CFO Hugh Johnston and Legal Officer Horacio Gutiérrez are also top earners at Disney in 2024.
  • Iger's compensation strategy focuses on driving shareholder value with long-term stock rewards.
  • Billionaires like Elon Musk scrutinize Iger's pay, highlighting top-level management challenges at Disney.
  • Disney faces critiques and pressures, carefully planning leadership transition amid Iger's high pay.
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