Walt Disney Chief Executive Robert Iger received a bump in pay in 2012, Reuters reports, citing regulatory filings. Iger’s compensation totaled $40.2 million, an increase of 20%, the story reports.
Iger’s pay included $2.5 million in base salary; $9.5 million in stock awards; and $24.3 million in a cash-and-stock bonus. Disney’s financial results and stock performance were tied to 92% of Iger’s total pay package, the story says.
"In our meetings with shareholders, there was broad agreement that Mr. Iger’s performance as chief executive officer has been excellent," the company said.
Disney’s stock has more than doubled since Iger succeeded Michael Eisner as CEO in 2005, and last year rose 33%, the piece notes.