On the heels of Disney’s historic deal to buy 21st Century Fox, Disney chairman-ceo Bob Iger saw a big increase in compensation last year thanks to stock awards he received after extending his contract in late 2017.
Iger’s total compensation for Disney’s fiscal 2018, which ended Sept. 30, reached $65.6 million, up from $36.2 million in 2017, according to Disney’s Securities and Exchange Commission proxy filing on Friday. The biggest driver of the increase was $26.3 million in stock awards Iger received in connection with his decision to extend his tenure as CEO through 2021 in order to shepherd Disney’s integration of 21st Century Fox assets.
Iger’s base salary increased slightly in fiscal 2018 to $2.9 million, from $2.5 million in 2017. He received a total of $35.4 million in stock awards and another $18 million in bonuses, per Disney’s proxy filing. Without the stock awards, Iger’s 2018 compensation package would have come in at $39.3 million.
Disney...
Iger’s total compensation for Disney’s fiscal 2018, which ended Sept. 30, reached $65.6 million, up from $36.2 million in 2017, according to Disney’s Securities and Exchange Commission proxy filing on Friday. The biggest driver of the increase was $26.3 million in stock awards Iger received in connection with his decision to extend his tenure as CEO through 2021 in order to shepherd Disney’s integration of 21st Century Fox assets.
Iger’s base salary increased slightly in fiscal 2018 to $2.9 million, from $2.5 million in 2017. He received a total of $35.4 million in stock awards and another $18 million in bonuses, per Disney’s proxy filing. Without the stock awards, Iger’s 2018 compensation package would have come in at $39.3 million.
Disney...
- 1/11/2019
- by Cynthia Littleton
- Variety Film + TV
The Walt Disney Company’s board of directors announced Friday that Derica W. Rice, executive vice president of Cvs Health and president of Cvs Caremark, has been nominated to stand for election as a director.
“As a well-respected leader in a dynamic, consumer-facing industry, Mr. Rice will bring a wealth of expertise and experience to our Board,” Disney CEO Bob Iger said. “We look forward to his insight and perspective as we continue to position the Company for long-term growth during this transformative era.”
Rice will stand for election during the company’s annual meeting on March 7. A total of nine nominees will stand for election as directors at this year’s annual meeting, which, along with Rice, include eight current board members. Three board members will be departing: John S. Chen, Aylwin B. Lewis and Fred H. Langhammer.
Also Read: Fox Won't Try to Buy Back Regional Sports Networks...
“As a well-respected leader in a dynamic, consumer-facing industry, Mr. Rice will bring a wealth of expertise and experience to our Board,” Disney CEO Bob Iger said. “We look forward to his insight and perspective as we continue to position the Company for long-term growth during this transformative era.”
Rice will stand for election during the company’s annual meeting on March 7. A total of nine nominees will stand for election as directors at this year’s annual meeting, which, along with Rice, include eight current board members. Three board members will be departing: John S. Chen, Aylwin B. Lewis and Fred H. Langhammer.
Also Read: Fox Won't Try to Buy Back Regional Sports Networks...
- 1/11/2019
- by Tim Baysinger
- The Wrap
Some of Disney’s annual shareholder meetings over the years have brought high corporate drama, but today’s edition in Houston was more of a chance for celebration. There was a brief business portion of the meeting, during which directors up for nomination were introduced. All of them were approved. The roster includes Susan E. Arnold; Mary T. Barra; Safra A. Catz; John S. Chen; Francis A. deSouza; the company’s chairman and CEO, Bob Iger; Maria Elena Lagomasino; Fred H…...
- 3/8/2018
- Deadline TV
Some of Disney’s annual shareholder meetings over the years have brought high corporate drama, but today’s edition in Houston was more of a chance for celebration. There was a brief business portion of the meeting, during which directors up for nomination were introduced. All of them were approved. The roster includes Susan E. Arnold; Mary T. Barra; Safra A. Catz; John S. Chen; Francis A. deSouza; the company’s chairman and CEO, Bob Iger; Maria Elena Lagomasino; Fred H…...
- 3/8/2018
- Deadline
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