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Disney Family Member Calls CEOs Salary Insane
It's not exactly news that CEO's of large companies get paid quite well. Bob Iger, as the Chief Executive Officer of the Walt Disney Company gets paid more than most. In fact his total compensation in 2018 was around $65 million. One member of the Disney family finds that amount "insane."
Abigail Disney is the granddaughter of Roy O. Disney, the brother of Walt and the co-founder of the Disney Brothers Cartoon Studio, the company that would eventually become The Walt Disney Company. She speaks out on corporate responsibility frequently and has never let the company she shares a name with off that particular hook. Her issues with Iger's salary don't appear to be tied to the gross income, but rather how much more Iger makes than the average employee of the company he oversees. According to Disney...
Let me very clear. I like Bob Iger. I do NOT speak for my family but only for myself. Other than owning shares (not that many) I have no more say in what happens there than anyone else. But by any objective measure a pay ratio over a thousand is insane
In a study recently conducted by the company Equilar (via Fast Company), they found that Bob Iger's income as CEO is 1,424 times that of the average Disney employee. While Iger isn't the highest paid CEO on the list, his pay ratio compared to the average employee is.
With theme park employees making up a large portion of the company's "average employees" it's certainly easier for Iger's salary to look that much bigger compared to other major corporations who don't have a lot of employees making low wages. Having said that, Disney's theme park employees currently start at double the federal minimum wage.
Money is always a sensitive issue, it's one of those things that we all need and most of us don't have enough of. Iger has overseen the Walt Disney Company during an unprecedented era of success. Nearly every corner of the company has been performing successfully. The film division makes blockbuster after blockbuster while the theme parks continue to post growth as well. Disney has now successfully acquired 21st Century Fox, which will be a major benefit as the company stands on the verge of releasing its own dedicated streaming service, opening up another avenue for revenue.
For what it's worth, Iger will actually be making a bit less this year than he did last year. The company has adjusted the CEO's compensation for this year in a way that will result in him making about $13.5 million less than he did in 2018.
The question of what is "acceptable" CEO pay is not a question that is going to have an easy answer and it's not one everybody is going to agree with. What is clear is that the Walt Disney Company has been incredibly successful and shows no signs of slowing down.
It makes complete sense for a sequel, and also will help set up future Power Rangers movies and sell that many more toys and apps. (C'mon, as fun as it is, we all know the true purpose of Power
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Murder on the Orient Express was a solid hit last year, and that has greenlit a sequel that is building an equally star-studded cast. Previously Gal Gadot was announced to be joining Kenneth Branaugh in Death on the Nile, which will follow the adventures of literary detective Hercule Poirot, and now Armie Hammer has been the next major star to join the cast.
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" Fantastic Beasts: The Crimes of Grindelwald" is in theaters and there's a lot to unpack in the sequel. While you're processing the many subplots of the very stuffed two-hour movie, you're probably asking yourself a lot of questions.
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Home 2019 January 10 Star Trek Writer Alex Kurtzman Reveals His Failed Batman Movie Pitch feel free to call us +646-389-3981 info@mmnofa.com admin , January 10, 2019 January 10, 2019 , Entertainment , 0
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Warner Bros. studios has delayed the Flash standalone movie yet again. In the build up of the DC Extended Universe, one of the movies Warner Bros. kept circling was the standalone Flash movie. But
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This is the amount Disney is expecting to lose from forgone licensing revenue, the money Disney is missing out on by holding back titles, like Captain Marvel, from after-market sales to companies like Netflix. Furthermore, it's affected by the recent cancellation of Netflix's Marvel series, including Luke Cage, Daredevil, and Iron Fist.
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From what I understand, two things are happening here: the regular audience likes it a lot more than the critics, and the film is performing a lot better in countries that are not the USA. Personally, everything clicked with the film. The music was awesome from the very start, and could very well be adapted to a future Assassin's Creed game.
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Arguably the biggest news of the month - and the year so far - is that Jason Reitman, son of original Ghostbusters director Ivan Reitman, is making a new Ghostbusters that takes place in the same universe as the original flicks. The internet had a lot to say about it, but two huge voices stood out.
Aside from a Jeep Commercial, Jeff Goldblum's Ian Malcolm will return to the silver screen in Jurassic World: Fallen Kingdom. This will be the first time Ian has been in the franchise since The Lost World in 1997. While he was referenced in the past two movies, fans are excited to see the iconically shirtless hero come back
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In an interview with Cinema Blend, Kevin Feige was asked if he thinks Tom Holland's Spider-Man will crossover with Venom, to which the MCU chief responded: "I think probably it's up to Sony. Sony has both those characters and, has Venom in their world.
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Peter Rabbit, the mischievous and adventurous hero who has captivated generations of readers, now takes on the starring role of his own irreverent, contemporary comedy with attitude. In the film
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Alex Kurtzman, the director of The Mummy, has admitted that the film wasn't what he "wanted it to be" and that he is no longer involved in the Dark Universe. Universal had some pretty grand
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