Disney CEO Bob Iger is making a lot more money this year, with his total compensation package jumping by 30% over his 2023 compensation. An SEC filing from The Walt Disney Company revealed that Bob Iger’s total compensation in 2024 was a staggering $41.1 million, up from $31.6 million in 2023. Here’s the breakdown.
Bob Iger Makes $41.1 Million in 2024
Iger’s base pay jumped from $865k in 2023 up to an even $1 million in 2024. From there, his stock awards were $18.3 million in 2024 versus $16.1 million in 2023. Iger’s option awards jumped $2 million from $10 million to $12 million.
Iger’s non-equity incentive plan jumped significantly up to $7.2 million last year compared to just $2.1 million in 2023. Iger added nearly $500,000 in non-qualified deferred compensation and saw a slight decrease in remaining compensation from $2.4 million in 2023 to $2.1 million in 2024.
In total, Iger’s compensation increased by nearly $10 million in one year.
The Walt Disney Company announced that the median total annual compensation for its employees is $55,111. Over the same time period, Iger made $41,122,670, which is roughly 746 times what the median employee working at Disney made.
The SEC filing shows that CFO Hugh Johnston collected $24.4 million, and Chief Legal Officer Horacio Gutierrez was on the books for $15.8 million. No executive officers made less in 2024 than in 2023.
The Walt Disney Company will announce its new CEO in early 2026, with Iger’s contract set to expire at the end of 2026.
As we communicated throughout the year, the Board remains actively engaged in the high-priority work of management succession planning. As Chair of the Succession Planning Committee, I am focused on managing our succession process, and we have continued to make strong progress over the last year.In response to shareholder feedback, I was pleased to share an update on our expected timing to announce a CEO successor in early 2026. The full Board is engaged in and committed to finding the right leader for the Company and we are planning for a smooth leadership transition that will enable Disney’s continued success.
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