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Bob Iger to receive $27 million yearly for return as Walt Disney CEO

Iger will receive a base salary of $1 mn and a bonus equal to that amount, according to a filing by the company on Monday. In addition, he'll receive stock awards with target value of $25 mn each year

Photo: Bloomberg
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Photo: Bloomberg

Christopher Palmeri | Bloomberg
Walt Disney Co. will pay Bob Iger about $27 million annually for returning as chief executive officer under a new two-year deal.
 
Iger will receive a base salary of $1 million and a bonus equal to that amount, according to a filing by the company on Monday. In addition, he’ll receive stock awards with a target value of $25 million each year. 

Disney, the world’s largest entertainment company, announced Sunday that Bob Chapek was stepping down as CEO immediately, to be replaced by Iger, who ran the company for 15 years prior to retiring in December 2021.

The amount, which

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First Published: Nov 22 2022 | 8:02 AM IST

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