2012 was a very very good year for Bob Iger. Iger got a 18 percent to his pay package last year that boosted him to $37.1 Million as the company posted record revenue, net income and earnings per share.
The Walt Disney Co. also credited Iger’s leadership in the $4.06 billion acquisition of “Star Wars” creator Lucasfilms, along with the launch of theme park additions, cruise ships and the expansion of the Disney Channel overseas.
Iger, 61, saw the biggest jump in pay from the value of new stock option awards, which hit $7.8 million in 2012, up from $4.8 million in 2011, according to a regulatory filing Friday. Stock award grants valued at $9.5 million were above the $8.1 million he received a year earlier.
He also received incentive pay of $16.5 million, up from $15.5 million, while his salary rose to $2.5 million from $2 million. Other compensation for security and personal air travel came to $800,700, down from $962,932 a year earlier.
The Walt Disney Company as a whole grew revenue 3 percent to $42.3 billion for the fiscal year through September. Net income rose 18 percent to $5.7 billion, while earnings per share grew 24 percent to $3.13.
Iger’s contract with The Walt Disney Company runs through the end of June 2016.
- Iger got 20 percent pay raise in 2012 (upi.com)