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Disney CEO gets lower salary in 2023, but value still shocks;  look

Disney CEO gets lower salary in 2023, but value still shocks; look

In 2023, Disney I had a tough year. Despite celebrating its 100th anniversary, the company faced some of its biggest commercial failures with productions like “Haunted Mansion” and “The Marvels.”

Other projects, such as the remake of The Little Mermaid and the new animated film from Pixar, Elements, also did not achieve the expected success.

The challenges were so many that they had a significant impact even on the company's presidents and directors, such as Disney's CEO, Bob Iger.

In 2023, the company's leader's salary reached a modest (and ironic) US$31.6 million.

While that's an impressive amount, it represents roughly 30% less than the $45.9 million he earned in 2021, his final year of full-time employment at a company.

Bob Iger earns a base salary of $865,000. In addition to this amount, he also receives about $16.1 million in shares (Stock awards), $10 million in stock awards, $2.14 million in bonuses, and $2.48 million in other compensation.

The CEO's agreement with the company is scheduled to last until the end of 2026. He previously served as CEO of Disney, from 2005 to 2020, when he was succeeded by Bob Chapek.

Following Chapek's departure, Iger resumed his role temporarily CEO From Disney, at the end of 2022.

Disney CEO talks about changes at the studio

The CEO will continue to lead the company over the next few years – Image: NBC/Reproduction

During the New York Times' DealBook conference in November of last year, the executive stated that future Disney films and series would be “prioritized.” entertainment Instead of messages.

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Iger also stated that the company was producing “too many sequels” and that it would only invest in sequels if the story was “worth it”.

“I don't want to apologize for making a sequel […] Some of them did very well and were good films too. “I think there has to be a reason to make a sequel, you have to have a good story,” the CEO said.