Robert Iger’s Pay as Disney CEO Dips Slightly in 2016 to $43.9 million

Robert Iger

UPDATED: Walt Disney Company CEO Bob Iger’s pay declined fractionally in 2016, to $43.9 million, about $1 million less than his total compensation the year prior, according to a public filing  Friday.

The media and entertainment chief earned $44.9 million in 2015 and $46.5 million in salary, bonuses and stock awards the year before that.

Iger’s pay package in 2016 was built on a base salary of $2.5 million, stock awards and options worth $17.2 million and a $20 million incentive plan payment.

The chief executive of the Walt Disney Company, who is scheduled to retire in mid-2018, is widely respected in the industry, especially for his acquisitions of three companies — Pixar, Marvel Studios and Lucasfilm — that now power the conglomerate’s film slate.

The SEC filing also revealed that Disney’s former Chief Operating Officer, Tom Staggs, received total compensation of $15.6 million in 2016, despite leaving the company in April, when he was taken off the track to succeed Iger as CEO. That fell short of the $20 million Staggs received in 2015, with the incentive portion of his package dipping from $8.6 million to $7 million.

Other top executives at the company generally also saw their pay jump in 2016, with general counsel Alan Braverman increasing from $10.7 million to $11.1 million, chief strategy officer Kevin Mayer bumping from $8 million to $10.1 million and Christine McCarthy — promoted to become the company’s first woman chief financial officer in 2015– taking home $10.2 million, up from $7 million the year prior.  HR boss Jayne Parker saw her total compensation remain essentially flat at $5.6 million.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 4

Leave a Reply


Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  1. Sherri says:

    Wow really? I make 11.57 an hour. As a photographer we are expected to spend up to 15 hours in the heat. With little or no relief while the managers hang in their Air Condition offices, Be on Facebook, have their personal phones out, And have Pot Lucks. God help us if we go in for a short. They will say different. We have leaders that know nothing about Photography but yet they are our leaders.
    Bob Iger has no idea how hard Disney employees work and how little they clear on a weekly basis. At the end of the day my body aches. My hands and shoulders. We shoot anywhere from 1,000 to 5,000 photo’s a day. That is just our camera. Plus we use the guest camera if they request it.
    Poor Bob Iger. I really feel for you. NOT!!!!!!!! You wouldn’t know how to live on my wage and you expect for Your employees to live on very little. At the end of the day it is your cast members that make the experience. The park is a tool. If Walt was alive not half of what has happened with in Disney would never happen. It is no longer Walts vision it is Iger’s vision. welcome to Iger land. Land of the greed.

  2. Rudy Mario says:

    Very tragic. Poor guy’s lifestyle will be badly impacted……

  3. Bas says:

    This Legend will extend his stay until atleast 2023/2024.

  4. Ryan says:

    He must be just devastated. I hope he survives…

More Biz News from Variety