DISNEY, CEO BOB IGER’S COMPENSATION FOR 2019 DROPS TO 47.5 MILLION

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According to reports from Deadline, the Walt Disney Company has released the financial report for 2019 also revealing that the remuneration of the CEO Bob Iger has amounted to 47.5 million dollars.

The CEO’s salary, therefore, decreased by 28% compared to the 65.6 million collected in 2018, the year in which he, however, received a one-off incentive to remain in charge of the company despite the initial intention to retire. Iger’s compensation, however, remains very high compared to the other managers of the Mickey Mouse House: CFO Christine McCarthy, for example, in 2019 grossed just under 15 million.

Disney also revealed that last year it had revenues of 69.6 billion, an increase of 17 percent over 2018. In the meantime, Iger has confirmed his intention to leave the CEO position by 2021, which is why he is currently looking for a potential replacement: according to some reports, one of the favorites could be Kevin Mayer, currently head of the direct-to-consumer division which now also includes everything related to Disney +.

As for the box office, La Casa di Mickey Mouse was the protagonist of a record 2019 in which it grossed 13.153 billion (the previous record, also from Disney, amounted to 7.67 billion). This is thanks, among others, to the extraordinary achievements of Avengers: Endgame, The Lion King, Frozen 2, Captain Marvel, Aladdin and Star Wars: The Rise of Skywalker.

For more Disney news, the divisions of the former 21st Century Fox have recently been renamed 20th Century Studios and Searchlight Pictures.

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