Tag: Executive Pay
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No Bonuses for Top Executives as Pandemic Continues to Hamper Disney’s Business Efforts
As COVID-19 continues to have a major impact on the business endeavors of The Walt Disney Company, top executives did not receive cash bonuses for the most recent fiscal year. The result of this is that overall compensation was much lower for Disney’s top executives, where pay is based on performance over base salaries. Bob…
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Disney Executives To Take Pay Cut During Coronavirus Pandemic
The Walt Disney Company announced today that Executive Chairman Robert A. Iger will forgo his entire salary, while recently named CEO Bob Chapek will take a 50 percent pay cut aa a result of the coronavirus pandemic, according to an email from Chapek sent to employees obtained by The Hollywood Reporter. This news comes days after…