Disney CEO Bob Chapek Made $34.5 Million Last Year, $45.9 Million for Former CEO Bob Iger, Both More Than Doubling From 2020
Disney CEO Bob Chapek saw a pay increase in 2021 than more than doubled his 2020 compensation, according to Deadline and new SEC filings.
As is often the case with executives, his compensation wasn’t entirely salary. He made $10.2 million from stock awards, and $14.3 million via the company’s non-equity incentive plan. This actually puts him at the lower end of media company CEOs, according to the site.
One primary reason Chapek saw an increase was due to the restoration of his bonuses, which he did not take in 2020.
Former Disney CEO Bob Iger took home a whopping $45.9 million, which actually excludes a stock grant Iger collected at the end of his contract last December. His earnings are up from $21 million in 2020. Iger’s base salary remained at $3 million, meaning the rest came from bonuses and other forms of compensation.
Second place went to CFO Christine McCarthy, with her overall compensation increasing to $21.7 million from $11 million.
Additionally, key executives during Iger’s run who departed with him, general counsel Alan Braverman and communications chief Zenia Mucha, took home $16.7 million and $7.6 million, respectively.