Disney CEO Bob Iger's Compensation Up 24% From Previous Year
Disney CEO Bob Iger's compensation in fiscal 2010 rose 24%, outpacing gains in the company's net income, revenue and -- by a hair -- the stock price, according to a regulatory filing on Friday.
Iger's salary, stock, options and various bonuses totaled $29.6 million in the fiscal year that ended Oct. 2, up from $23.9 million a year earlier. Iger also racked up more than $754,000 in fees associated with security and personal air travel.
In that same frame Disney's share price advanced 23% to $32.98, though it has surged recently and ended trading Friday at $38.85. Net income in the fiscal year advanced 20% to $4 billion on revenue that climbed 5% to $38.1 billion.
Disney also disclosed the compensation of other top executives during the fiscal year: CFO James Rasulo ($10.5 million), general counsel Alan Braverman ($8.8 million), executive vp, corporate strategy and business development Kevin Mayer ($4.4 million), chief human resources officer M. Jayne Parker ($3 million) and chairman, parks and resorts, worldwide Thomas Staggs ($10.2 million).
According to the same filing, Disney board member and Apple CEO Steven Jobs remains the largest shareholder with 138 million shares, representing an ownership stake of about 7.3% of Disney.