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Disney CEO Bob Iger’s Compensation Falls to $44.9 Million

Walt Disney Company CEO Bob Iger took a slight pay cut in 2015, with his total compensation package falling 3.4% to $44.9 million, according to public filings.

The media and entertainment chief earned $46.5 million in salary, bonuses and stock awards a year earlier. That represented a big boost from Iger’s 2013 package of $34.3 million.

It was a year that saw Disney climb box office heights with the return of the “Star Wars” franchise, but one that also saw its shares take a hit amidst investor concerns about the long-term future of ESPN. There are worries that cable subscriber defections could negatively impact the sports channel’s financial model. For the most part, investors profited from their investment in the company behind Pixar, Marvel and Lucasfilm. Disney’s stock rose by 18% during the fiscal year.

Iger’s compensation includes $2.5 million in salary, $22.3 million in incentives, $8.9 million in stock and $8.4 million in options.

In terms of Disney’s leadership, COO Thomas Staggs, who assumed his post in February, earned $20 million in total compensation. That includes just under $2 million in salary, $8.6 million in incentives, $4.6 million in stock and $3.4 million in options.

CFO Christine McCarthy, who was appointed in June, received $7.1 million in total compensation. That included $869,712 in salary, $4.3 million in incentives, just over $1 million in stock and $652,018 in options. Former CFO Jay Rasulo, who stepped down last winter after being passed over in favor of Staggs, received $15.1 million in compensation.

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