LA Times

Disney’s Bob Iger May Take Home a $60 Million Bonus

Oct 6, 2014  •  Post A Comment

With Walt Disney Co. extending Chief Executive Robert Iger’s contract by two years, he also stands to leave in 2018 with a bonus as large as $60 million, reports the Los Angeles Times’ Company Town.

“According to a filing with the Securities and Exchange Commission, the performance-based retention bonus is tied to Disney meeting certain operating income targets,” the article notes.

A bonus would be triggered if the company generates more than $76.01 billion in cumulative operating income over the five-year period ending Sept. 29, 2018, the story reports.

The bonus would rise in a linear fashion and would top out at $60 million if Disney generates cumulative operating income of more than $78.314 billion over the period.

The report adds: “The bonus is by no means guaranteed. For Iger to receive it, Disney’s operating income would have to increase dramatically. For the five-year period from 2009 to 2013, the company generated cumulative operating income of $43.771 billion.”


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