Disney gives CEO Iger US$36.3m pay before big 2018 package

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Disney CEO Bob Iger

Getty Images Disney CEO Bob Iger

Chairman-Chief Executive Officer Bob Iger received $36.3 million in compensation during the fiscal year ended September 30, down 17% from the previous fiscal year. The 66-year-old Iger received a $15.2 million cash bonus tied to results, including segment operating income and return on invested capital.

The key differences came in the Non-Equity Incentive Plan Compensation and Change in Pension Value categories.

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Iger's pay package for the fiscal year ended September 30 included a $2.5 million base salary along with stock and options awards and more.

Senior executive vice presidents Alan Braverman, Christine McCarthy and Kevin Mayer each received about US$8.5 million in total compensation. It bought a majority stake in video streaming platform BamTech, opened an "Avatar"-themed attraction at one of its amusement parks in Orlando, Florida, and announced the US$52.4 billion deal with Fox in December". As part of that deal, Iger signed a new contract boosting his salary and giving him an additional $100 million in stock awards. Mr Iger will now serve as CEO until 2021, the fourth time the company postponed his planned retirement date.

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Essex Invest Mngmt Co Limited Liability Com, a Massachusetts-based fund reported 43,096 shares. (NYSE:THC) for 76,023 shares. Employees Retirement Systems Of Ohio has 34,465 shares. 4,059 were reported by Zurcher Kantonalbank (Zurich Cantonalbank).

Iger had previously said that he was committed to stepping down at the end of his most recent extension, through mid-2019.

The proxy statement also officially notified Disney shareholders of the annual meeting, set for March 8 in Houston.

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