Disney has set the pay packages for brand new CEO Josh D’Amaro and president and chief inventive officer Dana Walden.
D’Amaro is about to obtain an annual base wage of $2.5 million. He’s additionally eligible for an annual, performance-based bonus with a goal equal to 250% of the bottom wage, with the precise quantity payable depending on the achievement of sure aims. He will even be granted a long-term incentive award with a goal worth of $26.25 million, topic to adjustment by Disney’s compensation committee, and an extra one-time long-term incentive award with a goal worth of $9.71 million.
In the meantime, Walden, whose contract is about to run out March 17, 2030, can have an annual base wage of $3.75 million. She will even be eligible for an annual, performance-based bonus with a goal equal to 200% of that annual base wage, obtain a long-term incentive award with a goal worth of $15.75 million for every full fiscal yr throughout her president and CCO tenure and a one-time long-term incentive award valued at $5.26 million for her new place.
When together with the one-time bonuses, D’Amaro will obtain a complete compensation bundle of greater than $39 million, whereas Walden will obtain a bundle of greater than $24 million.
The brand new pay packages for D’Amaro and Walden come after outgoing CEO Bob Iger was paid $45.8 million in whole compensation for 2025, an 11.5% yr over yr improve.
Iger, whose contract is about to run out on the finish of 2026, will transition into the function of senior adviser and stay a board member, topic to the vote at Disney’s annual assembly in March. He’ll step down from the manager committee of the board after the annual assembly.
D’Amaro is predicted to function a director on the board and member of the manager committee following the annual assembly.
Extra to come back…
