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) 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
IKEA is voluntarily recalling 29 million chests and dressers in the U.S. following reports of several injuries, including deaths of three children caused by them tipping over. The recalled chests and dressers are unstable if they are not properly anchored to the wall, posing a serious tip-over and... Dow Chemical Co. (DOW) Tuesday announced its plans to eliminate about 2,500 jobs, or about 4 percent of global workforce, as the company takes full control of Dow Corning Corp., the joint venture formed in 1943 with Corning Inc. Dow Chemicals now owns Dow Corning Corp. completely after Corning exchanged... Quote-to-Cash software provider Apttus is planning Initial Public Offering in the first half of 2017, reported MarketWach.
comments powered by Disqus
Follow RTT