No link on this since it is coming out of my BBG compliments of an SEC filing. Iger won't even miss it...
Disney Cuts Iger Compensation by $13.5m on Fox Deal Close Miss
By Nick Lichtenberg
(Bloomberg) --
On March 4, The Walt Disney Company and Robert Iger amended his employment agreement to reduce by $13.5 million the annual total compensation opportunities that it would have made available to him upon the closing of the transaction with Twenty-First Century Fox.
- Eliminates annual base salary increase of $500,000 on closing date, maintains annual base salary at current level of $3 million
- Eliminates annualized $8 million increase in annual target bonus opportunity following closing date, maintains annual target bonus opportunity at current level of $12 million
- Decreases by $5 million annual target long-term incentive award opportunity that would have been made available for periods following closing date to $20 million