Disney CEO Iger's pay up 12 pct to $31.4M

[crazy4wdw]

Disney CEO Iger's pay up 12 pct to $31.4M in 2011

By ALEX VEIGA
AP Business Writer

LOS ANGELES -- Walt Disney Co. gave a 2011 pay package valued at about $31.4 million to CEO Bob Iger, up 12 percent from a year earlier, according to an Associated Press analysis of data disclosed in a regulatory filing on Friday.

The company said Iger merited the raise, citing Disney's growth in the face of a challenging economic environment. Burbank-based Disney generated record-breaking profit and revenue for fiscal 2011.

The boost in Iger's compensation came after Disney's share price slid 12.5 percent to $29 during the company's fiscal year, which ended Oct. 3. That was also the same day the stock market reached its low for 2011 after a turbulent summer and early fall that drove the stocks of many companies sharply lower. Disney shares have since recovered and closed Friday at $39.31.

Read more here: http://www.miamiherald.com/2012/01/20/2599993/disney-ceo-igers-pay-up-12-pct.html#storylink=cpy

 

[Peter Pirate 2]

And yet a trained monkey could hold that position.

 

[ASteelersMidget]

And yet a trained monkey could hold that position.

the 1% get Richer

 

[nytimez]

And yet a trained monkey could hold that position.

That's an insult!


...to the monkeys, and the people who train them.

 

[lockedoutlogic]

In other news...

The National Weather Service is indicating that it is "likely" that the sun will rise in the East and there is a "high probability" that it will set in the west...

Good job, Bobby...who'd have ever thought when you were screening dailys from Perfect Strangers and Growing Pains - that you would someday be riding a entertainment giant like an aging quarter horse...pushing the old bones until they collapse because you just want to make a buck off a pony you didn't raise
Or worry about..,

 

[Figment632]

Not sure why you care about this. Don't get me wrong he is a moron that makes me miss Eisner but he is a CEO what do you expect him to make.

I don't begrudge anyone making money good for him.

 

[anthony2k7]

Not sure why you care about this. Don't get me wrong he is a moron that makes me miss Eisner but he is a CEO what do you expect him to make.

I don't begrudge anyone making money good for him.

in good times fine, in times like these with so many other cuts taking place, matching inflation would be fair.

 

[Peter Pirate 2]

Plus, seriously, what job, what position, what circumstance is worth that money? Hitting a baseball? Acting in a movie? Running a multi national? No. Nothing is. We're screwed.