Disney CEO Bob Iger's Pay Dropped 17% to $36.3 Million Last Year

Disney CEO Bob Iger's Pay Dropped 17% to $36.3 Million Last Year

Disney CEO Bob Iger's Pay Dropped 17% to $36.3 Million Last Year

Walt Disney Co chief executive officer Bob Iger got US$36.3 million in compensation past year as the company announced plans to acquire a majority of 21st Century Fox Inc.

Mr Iger, 66, received a US$15.2 million cash bonus tied to results including segment operating income and return on invested capital, the Burbank, California-based company said in a filing Friday.

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

CFO Christine McCarthy's total compensation fell to $8.95 million from $10.2 million, according to the statement, and Chief Strategy Officer Kevin Mayer's total pay declined to $8.4 million from $10.1 million. 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".

During the most recent fiscal year, Disney stock rose 8 percent. As part of that deal, Iger signed a new contract boosting his salary and giving him an additional $100 million in stock awards. Chief Human Resources Officer M. Jayne Parker's pay also fell to $5.09 million from $5.6 million. But spearheading the biggest acquisition in Disney's almost 100-year history required him to stay.