disney pricing going up and CEO is getting 80% pay raise!!

Discussion in 'DVC-Mousecellaneous' started by Kim Gillihan, Jan 12, 2019.

  1. Kim Gillihan

    Kim Gillihan Kluvdisney

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    My husband just showed me this news flash.. and this really makes me frustrated.. if true absolutely rediculous.

    Disney CEO Bob Iger's Pay Rises 80% To $65.7 Million. Walt Disney Co. Chairman and CEO Bob Iger saw his pay rise to $65.7 million, an 80% increase over a year ago, according to documents filed today with the SEC.1 day ago
     
  2. Ben E N

    Ben E N DIS Veteran

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    Geez. Not bad pay to just sit around and say "What do you want to do? Raise prices? Good idea! Go for it!" day in and day out.
     
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  4. a1tinkfans

    a1tinkfans Spreading Some Pixie Dust Today!

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    And...
    This surprises.....
    No one lol
     
  5. RedM94

    RedM94 DIS Veteran

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    Kind of deceiving, as I am sure his base salary did not increase 80%. He most likely exceeded multiple bench marks triggering performance bonuses. The alternative might be to turn the clocks back to 2004 when paint was pealing and Comcast was bidding on the parks.
     
  6. Bellecruiser

    Bellecruiser DIS Veteran

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    He completed the Fox deal and agreed to stay on for 2(?) more years. That’s why he got the raise.
     
  7. Bellecruiser

    Bellecruiser DIS Veteran

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    Disney pricing is going up because Disney will spend $24 billion on new attractions, hotels and ships over the next five years...
     
  8. Kim Gillihan

    Kim Gillihan Kluvdisney

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    OK... I figured the news skewed it somehow.... making it look worse than it is!
     
  9. Mikamarii

    Mikamarii Mouseketeer

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    And the labour contract negotiations which gives pay raises to employees. I’m all for the employees making more but that money comes from somewhere!
     
    maxiesmom, snappy and Bellecruiser like this.
  10. DVCISPMCO

    DVCISPMCO Earning My Ears

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    Shouldn't prices be going down based on the massive tax breaks Disney received from the new tax plan.
     
  11. RAD

    RAD DIS Veteran

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    Yea, that had to be hard work. He ask "how much is Comcast bidding, OK add $10,000,000 and resubmit our bid". Boy, that was exhausting work.
     
  12. Wubar

    Wubar Stop asking about "worth". Totally subjective.

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    Corporate America. Disney is NOT alone in how they structure the pay and bonus distribution for their top executives.
     
    CarolMN and maxiesmom like this.
  13. JimC

    JimC DVC Co-Moderator Moderator

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