Bob Chapek’s Disney Severance Deal Valued at More Than $20M, 2022 Pay Package Was $24.2M

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The pay disclosures come after a tumultuous few months at the company, with Chapek being ousted, only to be replaced his predecessor Iger.

earned $24.2 million in total compensation during the company’s fiscal 2022 year , down slightly from 2021, according to Disney’s preliminary proxy filing, which it submitted on Tuesday morning.

In addition, Disney revealed that Chapek should receive a severance package valued at $20.4 million, though the exact number will depend on Disney’s share price over time. Chapek was terminated by the Disney board after Disney’s last fiscal year ended. That severance package includes Disney stock currently valued at $12.6 million, with the rest in cash.

 

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Why?

Mean while, CMs are homeless.

And millions can’t afford rent, healthcare or food. What a backwards evil country this is.

Even if he does a bad job

Bob Chapek is George Costanza at playnow. They are paying him to not work for them lol

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