Friday, January 20, 2012

Iger takes home $31.4 mil this season

IgerWalt Disney Boss Robert Iger acquired $18.5 million in base pay and bonus for fiscal 2011, up 13.6% in the prior year, the business mentioned within the annual proxy filling while using Opportunities and Exchange Commission Friday. Including equity honours worth $12.9 million, his total compensation rose to $31.4 million.That compares with no more than $28 million the prior year, which incorporated $11.6 000 0000 in equity honours.Disney mentioned inside the fiilng that executive compensation required it's origin from "the exceptional growth the business accomplished when faced having a persistent challenging economic atmosphere." It noted the finest slice of Iger's compensation showed up performance-based honours. Plus it mentioned the figure given for equity compensation reflects the so-referred to as fair value round the date in the award. Meaning the specific amount an professional takes home may differ for that way Disney stock does together with other metrics.Iger will assume the title of chairman in March and contains introduced expects to step lower as Boss in 2015 but remain executive chairman for the next year.Disney's general counsel Alan Braverman was the Mouse's next finest paid out professional with total annual compensation of $21.6 000 0000, well up from $7 million the last year as his bonus hopped by nearly $6 000 0000 and also the equity honours by nearly about $7 million.The most effective five finest paid out professionals, including Kevin Mayer, professional V . p . for corporate strategy and business development chief financial officer Jay Rasulo and mind of human assets Jayne Parker together received total compensation $55 million.Disney mentioned it'll hold its annual meeting of traders on March 31 in Might, Missouri. Contact the number newsroom at news@variety.com

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