Bob Iger, CEO of The Walt Disney Company, now has a total pay package of $41.1 million.
Bob Iger Pay Increase
Deadline reported that Iger’s total pay package rose 30%, increasing to $41.1 million in 2024 from the previous year’s $31.6 million. The company’s annual proxy report disclosed the compensation details.
Iger’s contract with The Walt Disney Company expires on December 31, 2026. The company has said that his successor will be selected by early 2026.
Iger’s total compensation package is weighted toward performance-based incentives, with his base salary accounting for $1 million of the total. The remaining amount was broken down by the following: About $18.3 million of his pay came from stock awards, $12 million was option awards, $7.2 million was from non-equity incentive plan compensation, and another $2.1 million was classified as “other.”
Other Disney execs also saw pay increases. Hugh Johnston, the longtime PepsiCo exec who became CFO of Disney in December 2023, made $24.5 million last year. Additionally, Disney’s Senior EVP and Chief Legal and Compliance Officer, Horacio Guttierez, made $15.8 million, an increase from $11.6 million in fiscal 2023.
Disney’s fiscal year ended on September 28, 2024, and the company said that its annual shareholder meeting will be held virtually on March 20, 2025.
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