Walt Disney Details 2020 Executive Compensation
BURBANK (dpa-AFX) - The Walt Disney Company (DIS) said Executive Chairman Iger s 2020 annual salary was unchanged from his 2019 salary and is equal to the amount set in his employment agreement. For the period from April 5th, 2020 to October 3rd, 2020, Iger took no salary. Iger was paid no bonus with respect to fiscal 2020. The Compensation Committee agreed with Iger to eliminate a $5 million completion bonus.
In connection with the promotion as CEO, the Compensation Committee set Chapek s 2020 annual salary at $2.5 million. For the period from April 5th, 2020 to August 22nd, 2020, Chapek took a 50% salary reduction. Chapek was paid no bonus with respect to fiscal 2020.