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Iger Inks new contract

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  • Iger Inks new contract

    The WSJ reports

    Disney Signs Chief Iger
    To New 5-Year Contract


    By KATHY SHWIFF and JARED A. FAVOLE
    February 1, 2008 5:20 p.m.


    The Walt Disney Co. has signed Chief Executive Robert A. Iger to a new five-year contract.
    Mr. Iger's previous contract would have expired Sept. 30, 2010.
    The new contract, which ends Jan. 31, 2013, raises the CEO's minimum bonus to $10 million from $7.25 million and grants him an option on 3 million shares, according to a filing Friday with the Securities and Exchange Commission. The value of Mr. Iger's long-term incentive award target was raised to $9 million from $8 million, according to the filing.
    For the 2007 fiscal year, Mr. Iger received a pay package valued at $27.7 million, according to Disney's proxy filed in January. He received a $13.7 million bonus and $2 million in salary, and the entertainment giant recorded $7.93 million in expense for Mr. Iger's stock awards and $2.24 million for his option awards.
    Originally posted by SummerInFL
    Jesus, even I wouldn't eat that.

    Originally posted by Wanda Woman
    Turtle, the dorks are going to take upskirt robot pics.

  • #2
    Re: Iger Inks new contract

    Worth noting, Variety is also reporting today that Mr. Iger is continuing this week as part of the alliance team in the informal negotiations with the WGA.
    Originally posted by SummerInFL
    Jesus, even I wouldn't eat that.

    Originally posted by Wanda Woman
    Turtle, the dorks are going to take upskirt robot pics.

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