Advertisement

Disney's Bob Iger was paid $46.5 million in 2014, up 35.5%

Disney's Bob Iger was paid $46.5 million in 2014, up 35.5%
Bob Iger, chairman and chief executive of the Walt Disney Co., and wife Willow Bay attend the Oscars in 2014. (Michael Buckner / Getty Images)

Walt Disney Co. Chairman and Chief Executive Bob Iger's compensation rose by 35.5% in 2014 to $46.5 million, according to a Securities and Exchange Commission filing.

Iger's base salary, $2.5 million, remained unchanged from 2013, when he took home $34.3 in total compensation. But the 63-year-old executive's performance-based bonus was significantly bigger in 2014.

Advertisement

The larger bonus came as Disney, the world's largest entertainment company, saw its stock price soar after delivering unprecedented financial results.

For fiscal 2014, net income increased 22% to $7.5 billion, a record for the company. Disney's stock rose 36% on the fiscal year, which ended Sept. 27.

Advertisement

Burbank-based Disney disclosed Iger's pay in its annual proxy statement.

"Mr. Iger has driven spectacular financial performance and created significant shareholder value," Disney said in the filing.

Iger is under contract through June 2018.

Follow @DanielNMiller for film business news

Advertisement
Advertisement
Advertisement