logo
Share SHARE
FONT-SIZE Plus   Neg

Walt Disney CEO Bob Iger Pay Rise To $40.2 Mln For 2012

Diversified media and entertainment conglomerate Walt Disney Co.'s (DIS: Quote) chief executive officer Bob Iger received overall compensation valued at $40.2 million for 2012, up from $33.43 million in the prior year.

In a proxy filing, the company said that Iger received 2012 basic salary of $2.5 million, up from $2 million last year. In addition, Iger received stock option awards of $7.8 million, jumped from $4.8 million in 2011. Stock award grants valued at $9.5 million were above the $8.1 million from a year earlier, according to a filing Friday.

He also received incentive pay of $16.5 million, up from $15.5 million, whereas other compensation for security and personal air travel came to $800,700, down from $962,932 a year earlier, according to filing with the Securities and Exchange Commission.

California-based Disney said that its Senior Executive Vice President and Chief Financial Officer James Rasulo got pay package of $12.2 million, up from $11.07 million a year ago. The compensation includes $1.49 million in base salary, stock awards of $3.01 million, option awards of $1.80 million, $4.08 million incentive pay, Change in pension value and non qualified deferred compensation earnings of $1.79 million and all other compensation of $36,548.

For the fourth quarter ended September 29, 2012, the Burbank, California-based company reported net income of $1.24 billion or $0.68 per share, compared to $1.09 billion or $0.58 per share for the year-ago quarter, helped by growths at ESPN and the company's theme parks.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Lender Barclays Plc. Tuesday said full-year profit before tax declined 21 percent from last year, hit by items. The company noted that its Personal and Corporate Banking or PCB and Barclaycard businesses continued to thrive and grow, while Africa Banking did well despite currency headwinds. The company saw encouraging performance in several areas of Investment Bank. Fox News pundit Bill O'Reilly remains under fire amid accusations that he trumped up his role in covering international events. Only weeks after a Mother Jones article raised doubts about his claims that he was in the "warzone" during the Falklands War, the Washington Post noticed that O'Reilly once... PayPal, the online payment unit of Ebay, said it has agreed to buy mobile payment company Paydiant as part of efforts to expand its mobile offerings for merchants. The deal comes at a time when the mobile payment space is suffused with prominent players like Apple and Google, with retailers seeking their own mobile payment applications.
comments powered by Disqus
RELATED NEWS
Trade DIS now with 
Follow RTT