Disney CEO Misses Out on $60 Million Bonus, But Still Collects Record Payday
Bob Iger
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Walt Disney Co. Chief Executive Officer Bob Iger missed his shot at a $60 million bonus but still got his largest-ever compensation package thanks to special awards issued in connection with his contract extension.
Iger was awarded $65.6 million for 2018, including an $18 million cash incentive and $43.6 million in restricted stock and options, the Burbank, California-based company said Friday in a regulatory filing. His total compensation jumped 81 percent from the prior year, boosted by stock grants he received in December 2017 when he agreed to remain Disney’s CEO through 2021.