This guy made $150,000 a day, because Corporate America is out of control | CNN Business

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'As the head of Disney’s head of PR for just three months, from January to April of last year, Morrell made about $150,000 a day,' writes Allison Morrow | Analysis

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Reporters often joke that journalists are going to the “dark side” when they go into PR. After reading about Geoff Morrell, a hero I didn’t know I needed, I understand the temptation.

billion Citadel is now the most successful hedge fund ever after bringing in $16 billion last year. The Miami-based fund, founded and run by Ken Griffin, topped the 2022 ranking of the world’s best-performing hedge funds based on estimates from LCH Investments. Citadel’s record-breaking performance last year took total gains for the fund since its inception to nearly $66 billion. That knocked Ray Dalio’s Bridgewater — with gains of $58.

As I gaze into my 2023 crystal ball, I’m envisioning the business and economics stories that will so dominate the news that you’ll all be sick of them soon. I’m seeing the words “recession,” “crypto,” “debt ceiling,” the “M&M’s spokescandy scandals…” And yet, I am bound my duty as a journalist not to shy away from the hard candy shell news.

Last year, M&M’s unveiled a new look for its anthropomorphized candy characters.

 

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how’d you miss this? Indiana Taxpayers Shelled Out $101,700 To 1619 Project Author For Two Days&8217; Work

No shame.

He has more money than me and more than Elon Musk

How much does the editor of this tweet make?

And you wonder why the average family can't afford to go to Disney World or Disney Land. Who do you think is paying this guys ridiculous salary?

How much does the head of CNN’s PR dept make?

Hating on an immigrant for getting bread!

Boy those 15min breaks are sweet

Maybe someone should do something

But $15/hr minimum wage is too much

And yet, they 'need' to layoff more workers.

Terribly written headline

Capitalism needs to end.

Wow, with kind of money, he's going to Disney World

Good for him, the person that wrote this tweet would take it if he was good enough at something.

Negative news to turn public opinion against Disney…interesting…why now…

Well, when you destroy a brand, it isn't cheap to do. Only the right person can tank an iconic company

At the same time, they raised the prices of disney parks to make it harder for middlow to low income people to experience their woke agenda park.

Deshaun Watson made $72k per day doing nothing in 2021 for the Texans because he sexually assaulted 20+ women. Seems more egregious to me. 🤷‍♂️

The only reason a head of PR is valuable is because the general public created high demand for empty, nonsensical virtue signaling and an endless void that demands apologies, “branding” and moral posturing.

Disney calls for inclusion and equity... but gives them a 150k a day salary.

👎

lol 'writes Allison Morrow'....we get the WSJ, too and have know about this for a week

Meanwhile I’m only making 41k a year as a fish vetinarian. This is America now!!

I hear that Disney is leaving Florida.

'As the head of Disney’s head of PR' Is there more than one Head of PR? so he was the head of the head

Good for him. Sounds like a good gig if you can get it.

You’re right, CNN. The government should set salaries 😂😂😂😂😂😂

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 /  🏆 4. in TH

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