Disney CEO, Bob Iger, saw his earnings jump 80% in 2018 to an incredible $65.6million. This is despite the fact he missed out on some performance related bonuses due to the company stock falling below market benchmarks.
Recent Securities and Exchange Commission filings by Disney reveal that Iger had a very, very good 2018, with a 80 percent jump in income compared to the previous year.
In 2017 the Disney chief took home some $36.3 million, but 2018 had him raking in very nearly twice that at a grand total of $65.6 million. That includes just under $3 million in the CEO’s base salary, but a plethora of other bonuses and incentives that break down like this:
$35.4 million in stock rewards
$18.0 million from a non-equity incentive plan
$8.3 million in option awards
$1.1 million worth of “other compensation”The numbers do, in some way, reflect the performance of Disney as a whole over the course of the 2018 fiscal year. It also saw a jump of its own in its internal revenue numbers, with $12.6 billion in total income, a 40 percent spike compared to the $9 billion reported for the previous year. And on the stock market, the company reported a similar rise of its value, with a 47 percent increase in its earnings per share.
Disclaimer: Bob Iger may or may not get the first round at Celebration. Don’t start a tab!
