Walt Disney’s massive management shakeup announced this week saw former CEO Bob Iger return to the company, with Bob Chapek leaving the company effective immediately. Now we know how much Iger is making as Disney’s new CEO and how much Chapek is getting on the way out.
Disney revealed in a government filing that Iger will receive total compensation of $27 million for each of the two years he’s signed on for. He is getting a $1 million salary and a $1 million annual target bonus, with the additional $25 million coming from incentives tied to how Disney’s stock price performs.
As for Chapek, he is getting a severance package in the area of $20 million, or higher depending on his stock options, according to The Hollywood Reporter.
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Author: Eddie Makuch