Iger's 2012 compensation: $40.2 million

[crazy4wdw]

From the LA Times:

Disney's Bob Iger gets pay boost

By Richard Verrier, Los Angeles Times
7:11 p.m. EST, January 18, 2013

Robert Iger, chief executive of Walt Disney Co., got a big pay raise last year.

Iger, 61, who also serves as chairman of the Burbank-based entertainment company, received total compensation valued at $40.2 million in the last fiscal year, a 20% increase over the prior year, according to a regulatory filing.

The pay package included a bonus of $16.5 million, and $9.53 million in stock awards, in addition to $2.5 million in salary and nearly $4 million in other compensation, a filing with the Securities and Exchange Commission shows.

Iger's compensation, which is mainly tied to the financial performance of Disney, reflected a strong year for the owner of Pixar Animation Studios, Marvel Studios and ESPN.

The entertainment giant's revenue rose 3% to a record $42.3 billion in the year ended Sept. 29. Profits climbed 18% to $5.68 billion in the year.

"The compensation committee strongly believes in pay for performance and that our ongoing success is in large part due to the contributions of the senior management team under the leadership of our CEO, Robert A. Iger," the company's filing said.

Iger also assumed the added role of chairman last year. He will remain CEO until until March 2015. Iger's overall compensation, including pension benefits, in 2011 was $33.4 million.

Disney's share price closed Friday at $52.34, down 7 cents. It has gained 5.1% so far this year and rose 76% in the last fiscal year.

 

[Peter Pirate 2]

Yeah. Well, he really earned it darn it!

 

[Arsenal1982]

Yeah. Well, he really earned it darn it!

He certainly did in 2012. Pull up a stock chart for Disney. Absolutely fantastic performance for shareholders so have no problem with Iger getting his payday.

 

[lockedoutlogic]

He certainly did in 2012. Pull up a stock chart for Disney. Absolutely fantastic performance for shareholders so have no problem with Iger getting his payday.

if you believe that stocks aren't red herrings...

but bob has just done what was obvious...and it has served him well. lots of people have made money off his tenure (most who probably don't need it...to say nothing of deserve)...but he can't really be picked at after his three big acquisitions.

 

[Peter Pirate 2]

if you believe that stocks aren't red herrings...

but bob has just done what was obvious...and it has served him well. lots of people have made money off his tenure (most who probably don't need it...to say nothing of deserve)...but he can't really be picked at after his three big acquisitions.

I found no standing ovation icon, so the cheerleader will have to do!

 

[eeyorepixie]

O.K. I know this is a bit OT, but I figured if anyone whoud know it would be the people on this board...My DD is doing a project for school and the kids in her class need to write to a buisness, and having a disney obsessed mom, my mania has been passed down to her...sniff...sniff...I am so proud

Anyhoo, does anyone know Iger's address, so she can write to him?

 

[Arsenal1982]

O.K. I know this is a bit OT, but I figured if anyone whoud know it would be the people on this board...My DD is doing a project for school and the kids in her class need to write to a buisness, and having a disney obsessed mom, my mania has been passed down to her...sniff...sniff...I am so proud

Anyhoo, does anyone know Iger's address, so she can write to him?

Write Disney CEO, Robert Iger!
Robert A. Iger,
President and CEO of the Walt Disney Company
500 S. Buena Vista Street
Burbank, CA 91521
Email: robert.a.iger@disney.com

 

[eeyorepixie]

Write Disney CEO, Robert Iger!
Robert A. Iger,
President and CEO of the Walt Disney Company
500 S. Buena Vista Street
Burbank, CA 91521
Email: robert.a.iger@disney.com

Thanks so much, you just made a little girl very happy

 

[TinaLala]

So will the Disney tickets go up 20% next year so he can balance his financial statements.

 

[Arsenal1982]

So will the Disney tickets go up 20% next year so he can balance his financial statements.

They should go up to $1000 if that's what people are willing to pay.

 

[lockedoutlogic]

They should go up to $1000 if that's what people are willing to pay.

but that would only allow the fat to become fatter...

it wouldn't mean good things for the consumer or the "non-executive" employees.


so knowing that...why don't we just keep the prices the same, shall we?