Disney Raises Stakes on CEO Iger’s Potential $135 Million Award

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Walt Disney Co.’s board firmed up the stock-return goals the company must exceed for Iger to receive a massive block of shares, an opportunity that was part of his contract extension in December 2017, according to a regulatory filing Monday. Under the new terms, Iger can earn a maximum of 1.17 million shares if Disney’s stock return beats at least 75 percent of the companies in the S&P 500 Index over the four years ended Dec. 31, 2021. As of Friday’s close, that potential payout was worth $135.4 million — a figure that may increase if the ambitious goal is actually met.

2 COMMENTS

  1. Walt Disney Co has profited under Bob Iger and now they need to give him what is rightfully his. I don’t understand why people make such a big deal about this, he earned it, he gets paid it.

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