Iger gets new 5-year deal

[nikjd68]

via wsj.com

The Walt Disney Co. has signed Chief Executive Robert A. Iger to a new five-year contract.

Mr. Iger's previous contract would have expired Sept. 30, 2010.

The new contract, which ends Jan. 31, 2013, raises the CEO's minimum bonus to $10 million from $7.25 million and grants him an option on 3 million shares, according to a filing Friday with the Securities and Exchange Commission. The value of Mr. Iger's long-term ...

[oakmanner]

Thats great news... I think by in large he has done a good job.

Dennis-

[willis37862]

via wsj.com

The Walt Disney Co. has signed Chief Executive Robert A. Iger to a new five-year contract.

Mr. Iger's previous contract would have expired Sept. 30, 2010.

The new contract, which ends Jan. 31, 2013, raises the CEO's minimum bonus to $10 million from $7.25 million and grants him an option on 3 million shares, according to a filing Friday with the Securities and Exchange Commission. The value of Mr. Iger's long-term ...

Hmmmmm I don't know if I'm happy or not about that. The last couple of years has seen Disney make several decisions I didn't care for. The latest being the holiday surcharge for the whole month of June . :sad2: They got people hooked on the dining plan and then cheapened it this year so that if you are paying for it and not getting it for free it isn't a value at all and there was that mess with the cruises last year and the extra fee they wanted after people had booked them . I don't like that new development they have going up on their property will contain more hotels not run by them. I would much rather see them put in some new resorts themselves.

That's just me and I may be completely wrong, that has been know to happen ;) Just ask my DH. I guess we will have to see what the next 5 years bring.