Iger Pay Slipped to $44.9M in 2015

By ( Broadcasting & Cable )
Published

Disney CEO Bob Iger’s total compensation slipped 3% to $44.9 million in fiscal 2015.

According to the company’s proxy statement, the big change in Iger’s compensation was a smaller change in the value of Iger’s pension. His salary and option awards were up slightly, while stock awards and non-equity incentive plan compensation dropped a bit.

Disney’s stock took a hit at the end of last year after Iger announced that ESPN’s distribution revenues growth would be slower than expected because of subscriber losses. 2016 is starting out with a record setting box office performance by the new Star Wars movie from Lucas Films, which Iger agreed to acquire in 2012.

Latest Videos FromBroadcasting+Cable

Tom Staggs, who was named COO of Disney in 2015 and is assumed to be Iger’s heir apparent, received $20 million in compensation. His salary was just under $2 million. His stock awards, option awards and non-equity incentive plan compensation was worth $17 million.

Former CFO and Staggs rival for the COO post Jay Rasulo, earned $10.7 million. Rasulo is nowan adviser to the chairman and CEO.

Jon Lafayette
Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.