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

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

United States News News

United States United States Latest News,United States United States Headlines

Bob Iger will once again be among the highest-paid executives in Hollywood.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

According to the international protocols, using nervous gas ,what is going on in Javanrud , is a clear example of war crime.they even used DUSHKA to kill our kurdish people. Hereby,we request international organizations to stand with Iranian people based on R2P Law R2PforIran

According to theinternational protocols, using nervous_gas what is going on in Javanrud , is a clear example of war crime. Hereby, we request all related international organizations and communities to stand with Iranian people based on R2P Law. R2Pforiran

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: cnni - 🏆 326. / 59 Read more »