Disney CEO Bob Iger Earned $41.1 Million in Fiscal 2024: A Breakdown of Executive Pay

7 days ago in "The Walt Disney Company"

Posted: Friday January 24, 2025 9:11m ET by WDWMAGIC Staff

The Walt Disney Company's fiscal 2024 executive compensation report reveals substantial earnings for its top leadership, with CEO Bob Iger leading the pack. Iger, who returned to Disney in late 2022 to helm the company during a challenging period, earned a total compensation of $41.1 million for the fiscal year.

Bob Iger's Compensation Breakdown

  • Base Salary: $1 million
  • Stock Awards: $18.3 million
  • Option Awards: $12 million
  • Non-Equity Incentive Plan Compensation: $7.2 million
  • Change in Pension Value/Deferred Compensation Earnings: $495,142
  • All Other Compensation: $2.1 million
  • Total: $41.1 million

Iger's stock and option awards account for the largest portions of his pay package, following the company's strategy to align executive compensation with performance metrics and shareholder value. His total compensation is a marked increase from the $31.6 million he earned in fiscal 2023, a year in which he returned to the role after his initial retirement.

Disney's Compensation Committee credited Iger's accomplishments in fiscal 2024 with an OPF (Operational Performance Factor) multiplier of 180%.

Performance Highlights

  • Box Office Leadership: Under Iger's leadership, Disney performed well at the global box office, delivering the top two highest-grossing films of the year.
  • Inside Out 2 became the highest-grossing animated film of all time, earning $1.7 billion.
  • Deadpool & Wolverine grossed $1.3 billion, setting a record as the highest-grossing R-rated film ever.
  • Streaming Profitability: Iger achieved a major milestone by driving Disney's streaming business to profitability. He also unified the streaming experience by integrating Hulu content into Disney+, enhancing customer value.
  • D23 Fan Event: Iger oversaw the largest D23 Fan Event in Disney's history, unveiling future content plans and capital investment projects across the company's entertainment and park divisions.
  • Corporate Recognition: Disney received numerous accolades during Iger's tenure, including being ranked the #1 entertainment company "Best for Vets" by Military Times and named one of TIME's "World's Best Companies."

Other Notable Executive Compensation

  • Hugh F. Johnston (CFO): $24.5 million
  • Kevin A. Lansberry (Former Interim CFO): $4.6 million
  • Horacio E. Gutierrez (Chief Legal and Compliance Officer): $15.8 million
  • Sonia L. Coleman (Chief Human Resources Officer): $7.5 million
  • Kristina K. Schake (Chief Communications Officer): $6.2 million

Compared to 2023

The total compensation for Disney's top executives saw notable percentage increases in fiscal 2024 compared to 2023. CEO Bob Iger's total pay rose by approximately 30% from $31.6 million in 2023 to $41.1 million in 2024, driven by higher stock and option awards. CFO Hugh Johnston’s total compensation increased by 17%, from $20.9 million in 2023 to $24.5 million in 2024. Chief Legal and Compliance Officer Horacio Gutierrez experienced a 7% increase, from $14.8 million to $15.8 million. Sonia Coleman (Chief Human Resources Officer) saw a significant 40% increase, rising from $5.4 million to $7.5 million, based on her role in cost-saving initiatives and workplace enhancements. Meanwhile, Kristina Schake’s compensation rose by 34%, from $4.6 million in 2023 to $6.2 million in 2024, due to her expanded responsibilities in strategic communications.

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Sirwalterraleigh3 days ago

…of course…only savages eat intact yokes

Disney Irish3 days ago

I do, but less so fried on the eggs and more scrambled.

Sirwalterraleigh3 days ago

How about steak and eggs?

Sirwalterraleigh3 days ago

…fair point

Chi843 days ago

If my name was Jennifer Connelly I wouldn't be here talking to you :)

Disney Irish3 days ago

Well you know Jenny, even the best of friends can disagree and get into heated arguments while still enjoying peas and carrots. Though admittedly I hate peas. ;)

Sirwalterraleigh3 days ago

I only dispute you on box office predictions, awful scripts, terrible casting choices, and terrible studio mismanagement from the top down… …other than that…we’re like peas and carrots, forest

Sirwalterraleigh3 days ago

Is your name “Jennifer Connelly”? Because then we have some things to discuss…like tiggerish has with Anthony Mackey 🥰

Sirwalterraleigh3 days ago

…must…not…make…obvious…jokes…🤯

Disney Irish3 days ago

As much as you and I disagree (probably agree more than we admit but besides the point), on this point I agree. I've long said that the internet and social media has only done a disservice to the Parks and the fandom in general. Too much build up with not a lot of payoff. It was better in the old days when they announced something with very little details and then just opening it. Don't need 5 years of updates from concept to opening, just announce it when groundbreaks and then again when opening, that's it, that is all that is needed. But we live in a social media instant gratification world and a hungry fandom that expects every detail imaginable to mull over for years on end. It just leads to unrealistic expectations and disappointment due to them never being able to live up to what the fandom builds up in their mind. I do wish we could go back to the old days, but that genie is out of the bottle. Only thing that can be done is to try to lessen its impact by getting ahead of things. Sometimes it works out, sometimes it doesn't.

Chi843 days ago

Name’s not Bridget.

Disstevefan13 days ago

I agree with the post and the next few years will be interesting for me in terms of EPIC and WDW's response (if any). As for TWDC as a whole, I sincerely think its too big to fail! I don't think we will see an explosion in the stock price like we saw under Chapek, but I think the stock will remain stable and on a slow rise because there are too many institutional investors who depend on a stable stock price.

monothingie4 days ago

I think you nailed it. As much as Disney wants to push their fake inclusivity on everything they do, they're alienating guests quicker through pricing, low quality, and substandard experiences. The typical guests that once had no problem plunking down thousands of dollars are increasingly questioning why. They no longer see Disney representing things they believe in or value, but rather having their own agenda to create experiences for the wealthy or those with access. The whole experience has become as fake as the animals on the Jungle Cruise, and while Disney is doubling down on this, the normies are getting tired of it.

monothingie4 days ago