Bob Chapek nearly doubles his paycheck in 2021

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Bob Chapek nearly doubles his paycheck in 2021

The compensation Bob Chapek and Bob Iger made at the Walt Disney Company last year is now public information.

Disney CEO Bob Chapek saw his compensation package for the company’s fiscal 2021 hit about $32.5 million, more than double the $14.2 million he took home a year earlier.

Former CEO Bob Iger, who exited Disney at the end of last year as executive chairman, also more than doubled his take, with a total comp package worth $45.9 million, versus $21 million the year prior. In fiscal 2020, neither Chapek or Iger received bonuses(nor did other top Disney execs) amid the economic impact of the COVID-19 pandemic on the media conglomerate’s business.

Related: Disney CEO Bob Chapek shares his three pillars of success with Cast Members

Bob

For the last fiscal year, Bob Chapek’s base salary was $2.5 million, which is up from $1.8 million in 2020. His compensation include $10.2 million in stock awards, $3.75 million in stock options and a $14.3 million cash bonus, according to Disney’s proxy filing with the SEC.

Iger, who formally stepped aside as CEO in February 2020 after 15 years at the helm, received $3 million in salary, which is up from $1.6 million the year prior. Iger’s compensation for the most recent fiscal year included a $22.9 million cash bonus, plus $9.5 million in Disney stock and $9.3 million in stock options. That does not include stock Iger was entitled to receive when his contract expired at the end of calendar 2021, worth $231 million as of Oct. 1, 2021, according to Disney’s filing.


Related: Former Disney CEO Michael Eisner talks about Bob Iger and Bob Chapek

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Source: LA Times

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Kevin is an Orlando, FL resident and Disney enthusiast. Other interests include movies, classic rock, sports, comedy, cooking, and enjoying outdoor activities.
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