Business

Disney CEO gets $37.1m pay rise

Sapa-AP

Disney CEO Bob Iger's pay package got an 18% boost in 2012 to $37.1 million as the company hit records for revenue, net income and earnings per share.

Robert Iger, Walt Disney Company Chairperson and CEO. (AP)

That's according to an Associated Press analysis of a securities filing made Friday.

The company also cited Iger's leadership in the acquisition of "Star Wars" creator Lucasfilm, which closed in December.

In the fiscal year through Sept. 29, shares of The Walt Disney Co. rose 73 percent.

The Associated Press formula considers salary, bonuses, perks, stock and options awarded to the executive during the year, but not changes in the present value of pension benefits.

That makes the AP total slightly different in most cases from the total reported by companies to the Securities and Exchange Commission. – Sapa-AP

     

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