BusinessDisney

Disney CEO Bob Iger Made $65.6 Million In 2018, Outearning The Company’s 2,850 Lowest-Paid Employees

Working for the Walt Disney Company is a sweet gig — if you’re running the joint. Disney chairman and CEO Bob Iger’s total compensation for fiscal 2018, which ended on September 30, was $65.6 million, according to a recent SEC filing.

That’s over an 80% increase from 2017, when he earned $36.2 million. The salary breakdown is as follows: $2.9 million (salary), $8.3 million (options), $18 million (non-equity bonus compensation), and $35.3 million (stock award for contract extension and the 21st Century Fox deal). When the Fox deal closes and if Iger achieves certain performance levels, Iger’s stock award for the Fox deal could reach $150 million.

The Walt Disney Company employed approximately 201,000 workers at the end of fiscal 2018. With minimum wages currently at $11 an hour for Florida’s Walt Disney World employees — an amount that is below living wage standards for Florida residents — Iger’s pay makes more than the lowest-paid 2,850 Disney employees combined, or nearly 1.5% of Disney’s entire workforce.

Other 2018 salaries disclosed by the Walt Disney Company:

CFO Christine McCarthy: $11.8 million
Chairman of direct-to-consumer and international Kevin Mayer: $11.6 million
General counsel Alan Braverman: $10.4 million
Chief human resources officer Jayne Parker: $6.8 million
Chief communications officer Zenia Mucha: $5.1 million

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