Bob Iger: Here's how much the CEO will make in his return to Disney | CNN Business

Iger will earn a $1 million base salary as he takes over Disney\n \n , according to a company filing with Securities and Exchange Commission. However, that compensation comes with an annual bonus up to $1 million as well as an annual incentive-based award with a target value of $25 million. That means that Iger has the potential of pulling in around $27 million. Iger’s tenure began on November 20 and will run until December 31, 2024, according to the filing.

The company is coming off a lackluster earnings that showed growth for its streaming endeavors. However, that growth came at a great cost. Disney’s streaming business lost $1.5 billion in the fourth quarter. That news sent Disney’s stock tumbling after a year of sluggish performance. Iger is replacing Bob Chapek, who had a short but bumpy tenure as the head of Disney after taking over at the beginning of the pandemic in 2020.

CNN demonizes the rich unless they are a liberal. Then they praise them.

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Bob Iger named Disney CEO again, replacing Bob Chapek, in a shock to Hollywood | CNN BusinessBob Iger, one of the most successful CEOs in the history of The Walt Disney Company, is returning to once again run the media empire. It's a shocking development at Hollywood's biggest company. Go woke go broke 🤣😂 hopefully he can get them back on track and entertaining children not being in the political arena IRGCterrorists opened fire on unarmed people in the city of Javanrud and killed a number of women and children. Why has the world closed its eyes on the crime of the Mullah regime? iran MahsaAmini cnn FoxNews WashTimes UNHumanRights WhiteHouse UN Europarl_EN Still doesn't change my mind about going to Disney. He better make some major changes. Under his leadership it was still a dumpster fire. The average family can't afford the miserable experience they provide.
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