Disney CEO Iger's Pay Rises, Succession Planned

Bob Iger, CEO of Walt Disney Co., saw his compensation rise to $41.1 million in 2024, marking a 30% increase from the previous year, primarily through larger stock and option awards. This increase reflects his pivotal role in Disney's resurgence, including successes at the box office and profitability in its streaming business. His compensation package comprises a base salary of $1 million, along with significant stock and option awards, bonuses, and other compensations. Disney is in the process of planning for Iger’s succession, aiming to name a successor by early 2026. Separately, Disney announced key executive promotions within its Experiences unit, including Thomas Mazloum as president of Disneyland Resort. The company also disclosed compensation for other top executives, with CFO Hugh Johnston receiving $24.4 million and Chief Legal Officer Horacio Gutierrez earning $15.8 million.