Have you ever wondered how much money the CEO of The Walt Disney Company makes?
Well, each year, Disney completes a regulatory filing with the Securities and Exchange Commission that includes several financial details of the company including the earnings for top executives. We’ve already brought you a look at just how much money outgoing CEO, Bob Iger, and incoming CEO, Bob Chapek earned in 2021, and now we’ve got more details on how those earnings were broken down.
According to The Wall Street Journal, the Disney Company report revealed that Bob Chapek made a total of $32.5 million in the Fiscal Year 2021. However, this breaks down a bit further when looking at his base salary, bonuses, reward options, and stock options.
In 2021, Chapek’s base salary for the year was $2.5 million and he then earned $14.3 million in cash bonuses and roughly $14 million in stock and option awards. Additionally, the value of his pension was changed to be worth $1.7 million.
Ultimately, the CEO’s total compensation more than doubled in 2021 compared to 2020, as the company resumed giving out non-equity bonuses (which was previously suspended in 2020 due to COVID-19).
Former CEO, Bob Iger, did still out-earn Chapek last year, though Disney CEOs have made significantly more income in the past. For example, in 1993, Michael Eisner (who was then the CEO) reportedly earned $203.1 million in compensation, making it one of the highest pay packages ever for an executive at the time.
We’ll be keeping an eye out for more updates from the Walt Disney Company as CEO Bob Chapek and CFO Christine McCarthy prepare to deliver the Q1 Earnings Call soon on February 9th. And, in the meantime, be sure to stay tuned to AllEars for more of the latest Disney news and updates!
Analysts Are Predicting Disney Parks Profits Will Rebound in 2022 — learn more here!
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This is why prices keep going up someone needs to pay his salary while the daily workers barely eek by. I’m curious to see the documentary by Roy’s grand daughter & her siblings about this very subject