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In response to
"Disney's Iger will forgo salary as new CEO takes 50% pay cut due to coronavirus constraints -- (link)"
by
budice
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damn chapek, you got played.
Posted by
amanda
Mar 30 '20, 09:38
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Iger has long been among the top paid executives in the entertainment and media industry. In 2019, the former Disney CEO earned $47.5 million, down from $65.6 million in fiscal 2018.
Chapek’s base salary is $2.5 million, according to his employment agreement for his newly-received CEO role. He also is eligible for incentive-based compensation including a $7.5 million annual target-based bonus and an annual equity-based long-term incentive grant of $15 million.
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