An article in the LA Times details just how much cash the two head honchos at Disney are raking in these days.
Be prepared: you may turn green with envy. Or, just at the thought of all that money. Chief Executive Robert Iger got a
33% raise when he took over in October, bringing his annual income to $2 million. Wait. There's much, much more. If
Disney does well, he will get to enjoy a $7.25 million bonus (whose bonus is nearly four times their annual salary???).
He also received 500,000 shares of restricted stock. Restricted? I guess that means he can't sink it into Pixar, eh?
Michael Eisner, on the other hand, earned $1 million in regular salary, plus a $9.1 million bonus. That's nowhere near
the income he got in 1998 when he exercised some stock options that had been accumulating for years, and made $576
million. Eisner retired on September 30th but he will continue to received bonuses in the sum of $7.5 million through
September of 2007. But don't worry about Michael Eisner. He'll be okay. He has a job at CNBC.It really pays to run Disney
An article in the LA Times details just how much cash the two head honchos at Disney are raking in these days.
Be prepared: you may turn green with envy. Or, just at the thought of all that money. Chief Executive Robert Iger got a
33% raise when he took over in October, bringing his annual income to $2 million. Wait. There's much, much more. If
Disney does well, he will get to enjoy a $7.25 million bonus (whose bonus is nearly four times their annual salary???).
He also received 500,000 shares of restricted stock. Restricted? I guess that means he can't sink it into Pixar, eh?
Michael Eisner, on the other hand, earned $1 million in regular salary, plus a $9.1 million bonus. That's nowhere near
the income he got in 1998 when he exercised some stock options that had been accumulating for years, and made $576
million. Eisner retired on September 30th but he will continue to received bonuses in the sum of $7.5 million through
September of 2007. But don't worry about Michael Eisner. He'll be okay. He has a job at CNBC.Related Headlines
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