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

[Kim Gillihan]

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

 

[Ben E N]

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.

 

[a1tinkfans]

And...
This surprises.....
No one lol

 

[RedM94]

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

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.

 

[Bellecruiser]

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

 

[Bellecruiser]

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

 

[Kim Gillihan]

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

 

[Mikamarii]

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

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!

 

[DVCISPMCO]

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

 

[RAD]

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

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.

 

[Wubar]

Corporate America. Disney is NOT alone in how they structure the pay and bonus distribution for their top executives.

 

[JimC]

Suggest you read the filing to better understand how his pay is structured. There are substantial variable elements to his pay and most of it is equity based. Executive compensation discussion begins on page 21.

https://www.thewaltdisneycompany.com/wp-content/uploads/2019/01/2019-Proxy-Statement.pdf