Disney execs take pay cuts as the company risks losing billions in revenue


Well-known member
Dec 11, 2018
Disney's top executives, including executive chairman Bob Iger and chief executive Bob Chapek, are taking pay cuts as the coronavirus pandemic continues to ravage the media giant's stock and impede its operations globally.

The pay cuts will start on April 5 and remain in place "until we foresee a substantive recovery in our business," Chapek wrote in the memo to Disney employees that was reported by multiple outlets on Monday.

Iger, who has been criticized by Disney heiress Abigail Disney in the past for his "insane" pay, is forgoing his full salary. His base salary was $3 million last fiscal year, and he made $47.5 million in total compensation including stock options and awards and bonuses.

Chapek, who became CEO in February, will reduce his salary by half.


Latest content

General chat
Help Show users
  • No one is chatting at the moment.
  • blaqdu @ blaqdu:
    eeh yoooo!!!
  • E @ elreydelaswasas1:
    which of the following videogames has more combat moves Tekken 7 Fated Retribution Round 2 for online mode in teknoparrot emulator,Dead or Alive 6 for online move in teknoparrot emulator, Dead or Alive 6 for online mode in pc, Solucalibur 6 for online mode in pc ?
  • E @ elreydelaswasas1:
    Solucalibur 6 = Soulcalibur 6
  • M @ matyyyy:
    Good morning !! How are you ?? I found something crazy to try!
    M @ matyyyy: Good morning !! How are you ?? I found something crazy to try!