Iger’s Compensation Jumped 80% to $65M
Bob Iger, the CEO of The Walt Disney Co., received total compensation of $65.6 million in 2018, up 80% from the previous year.
Iger received a salary of $2.9 million and stock awards of $35.4 million.
He signed a new employment agreement in December 2017 that gives him additional stock conditioned on the completion of the acquisition of 21st Century Fox. When that deal is done, Iger will get $149.6 million in stock for 2018, $12.4 million in 2019 and $12.7 million in 2020.
Related: Iger Sees More Investment After Gaining Hulu Control
Kevin Mayer, who last year was named the head of Disney’s new Direct-to-Consumer and International unit, received $11.6 million in total compensation, up from $8.4 million in 2017 when he was Disney’s executive VP and chief strategy officer.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.