Bob Iger, who was reinstalled as CEO of the Walt Disney Co. yesterday, will be eligible to receive up to $27 million in each of the two years he is under contract to lead the company.
The compensation targets covering Iger’s new contract window, from November 20, 2022, through December 31, 2024, were disclosed today in an SEC filing.
The exact amount of Iger’s pay ultimately will depend on a host of factors, including how the company performs as well as his own progress toward financial targets.
The reinstallation of Iger in the top job, which he held for 15 years before ceding the role to company veteran Bob Chapek, has stunned the media industry and the larger business community.
Read more on deadline.com
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