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Disney Discloses $45.8 Million Pay for Bob Iger as Board Targets Early‑2026 CEO Decision

Disney’s proxy ties Iger’s compensation to performance incentives, with the board targeting an early‑2026 CEO announcement.

Overview

  • The SEC filing shows Iger’s 2025 compensation rose about 11.5% from $41.1 million, led by equity and incentive awards rather than salary.
  • Package breakdown: $1 million salary, $21 million in stock awards, $14 million in option awards, $7.25 million in non‑equity incentive pay, and $2.59 million in other compensation.
  • Disney reported a CEO‑to‑median‑employee pay ratio of roughly 805 to 1, based on a median employee compensation of $56,932.
  • The board says succession remains a top priority, with four internal candidates—Dana Walden, Alan Bergman, Jimmy Pitaro and Josh D’Amaro—advancing through a structured preparation process after the committee met five times in fiscal 2025.
  • The shareholder meeting will be held virtually in March, and the proxy also notes extended contracts for senior executives and itemized CEO security and personal air travel costs, including a requirement to use corporate aircraft for personal travel.