Disney’s Bob Iger was paid $46.5 million in 2014, up 35.5%
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Walt Disney Co. Chairman and Chief Executive Bob Iger’s compensation rose by 35.5% in 2014 to $46.5 million, according to a Securities and Exchange Commission filing.
Iger’s base salary, $2.5 million, remained unchanged from 2013, when he took home $34.3 in total compensation. But the 63-year-old executive’s performance-based bonus was significantly bigger in 2014.
The larger bonus came as Disney, the world’s largest entertainment company, saw its stock price soar after delivering unprecedented financial results.
For fiscal 2014, net income increased 22% to $7.5 billion, a record for the company. Disney’s stock rose 36% on the fiscal year, which ended Sept. 27.
Burbank-based Disney disclosed Iger’s pay in its annual proxy statement.
“Mr. Iger has driven spectacular financial performance and created significant shareholder value,” Disney said in the filing.
Iger is under contract through June 2018.
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