The spectacular news that Bob Iger has returned to The Walt Disney Company as CEO is likely to cost the company in excess of $27 Million.
In a new filing with the SEC today, it outlines the details of Bob Iger’s return to The Walt Disney Company as CEO, including details of his compensation that will see The Walt Disney Company pay Iger roughly $27 million annually under a new two-year deal.
Iger will receive a base salary of $1 million, plus a bonus equal to that amount, and in addition, he’ll receive stock awards with a target value of $25 million each year.
In an article by Bloomberg, the total amount, which is of course dependent on the performance of Disney stock, is not as large as Bob Chapek's pay check in 2021, who received $32.5 million in total compensation in fiscal 2021.
Although, Iger, who was executive chairman at the time, received $45.9 million for the same period.
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