Iger Gets 36% Pay Boost

Disney Chief Compensation Rises to $46.5M
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Walt Disney Co. chairman and CEO Bob Iger, fresh off a deal that extended his reign as Disney chief until 2018, received $46.5 million in total compensation in fiscal 2014, a 35.5% increase over the previous year.

Non-equity incentive bonuses made the difference for Iger and other top executives at Disney. Iger received $22.8 million in non-equity incentive plan compensation, a 66.8% increase from the previous year. Iger’s base salary stayed constant at $2.5 million for the year, while he received $8.9 million in stock awards and $8.3 million in option awards, about even with the prior year.

Iger, who was scheduled to retire as Disney chairman and CEO at the end of 2016, agreed in October to extend his contract and serve in those roles through 2018.

Under Iger’s tenure, Disney has had some of its most dramatic growth. In 2014, Disney stock was one of the top performers in the sector, up about 23%.

Other executives that saw big compensation increases in fiscal 2014 include chief financial officer James Rasulo, who saw his non-equity incentive awards nearly double to $6.3 million from $3.8 million and helping to drive his total compensation up 51% to $16.2 million from $10.7 million.

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