Disney Ex-CEO Bob Chapek Made $24 Million in FY 2022; Bob Iger Comp Totaled $14 Million As Company Releases Latest Executive Pay
deadline.comFormer Disney chief executive Bob Chapek earned $24 million in fiscal 2022, down sharply from $32 million the year before, the company revealed in its proxy Tuesday.
Chapek, who exited abruptly in November, is entitled to just over $6.5 million in remaining base salary through the scheduled expiration date of his employment agreement, just over $1 million equivalent to a pro-rated target bonus for fiscal 2023, as well as $12.6 million in accerated restricted stock units — for a total exut payout of about $20.4 million.
Current CEO Bob Iger’s total package of $14.9 million compares with $45.8 million the previous year. Iger stepped down as CEO in Feb.
of 2020 to become executive chairman. The situation was a bit confusing, as per the board’s explanation, since it had just renewed Chapek’s contract in June. “In June 2022, the Board agreed to extend Mr.
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