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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.
On Twitter, Chris Evans wished Chris Pratt a happy birthday, while hilariously trolling him. Evans shared a photo of his dog peeing on a fire hydrant with a Star-Lord mask plastered on top. A sign on the post behind it read, "Property of Star-Lord.
Chris Evans And His Dog Troll Chris Pratt On His Birthday
It does seem as though a lot of people might have agreed with Ryan Scott of MovieWeb that a fourth installment of Toy Story could have sullied the entire Toy Story 4 is 100% on Rotten Tomatoes
'Toy Story 4' Rotten Tomatoes Score Officially Revealed
The Russo Brothers Developing a STAN LEE Documentary While the landscape-changing Avengers: Endgame is literally only a matter of days away now, many fans are still mourning the loss of the legendary Stan Lee.
Russo Brothers Set To Develop A Documentary On Stan Lee
When DC first began its own cinematic universe, it came to market with a different idea about how to build that universe. Character crossovers happened almost immediately. The second film in the
DC Isn't Focusing On Crossovers In The Live-Action Universe
Special tribute to Stan Lee at the end credits of Once Upon a Deadpool, which doesn't premium in the US until tomorrow. As its only had one showing in the UK, I felt it is really touching
Once Upon a Deadpool's touching tribute to Stan Lee has been
Christopher McQuarrie will undertake two new back-to-back 'Mission: Impossible' movies. The 'Rogue Nation' and 'Fallout' filmmaker is nearing a deal to return as writer and director. The Hollywood
Christopher McQuarrie to Direct Mission: Impossible 7 & 8
What's New on Netflix and What's Leaving in June 2019
Ralph Breaks the Internet is a 2018 American 3D computer-animated comedy film produced by Walt Disney Animation Studios and distributed by Walt Disney Pictures. It is the sequel to the 2012 film Wreck-It Ralph , making it Disney's 57th feature-length animated film .
Associated: Dave Bautista Explains Why He Defended James Gunn When It May Have Affected His Profession Dave Bautista was the loudest voice within the protection of James Gunn, so there was definitely the potential for drama because the scenario unfolded.
James Gunn: Dave Bautista defends Guardians of the Galaxy
"IM SO HAPPY RAMI MALEK AND BOHEMIAN RHAPSODY WON GOLDEN GLOBES," she wrote. "IM THRILLED TONIGHT IS THE BEST NIGHT!!!!!" Fisher's elation didn't sit well with some Twitter users, given that "Bohemian" has been accused of "straightwashing" its subject, Queen frontman Freddie Mercury, who was bisexual.
'Eighth Grade' star Elsie Fisher responds to Twitter trolls
Per the report, "Warner Bros. would shift focus to Supergirl and that movie—likely a period piece set in the 1970s (though this could change) with the young Kryptonian as a teenager—would
Supergirl: Major Superman Nemesis Rumored to be Movie Villain
But as part of the #MeToo campaign, it has also come out that he has possibly not always acted appropriately with women. Hours after he released a statement condemning Harvey Weinstein's misconduct, he was accused of groping an actress and former TV host in early 2000.
Harvey Weinstein sexual abuse allegations - Wikipedia
The Walt Disney Company has agreed to acquire major assets of 21st Century Fox in a deal worth $52.4 billion, Disney will appeaently keep the Deadpool property rated-R, if the branding is right. Disney CEO Bob Iger extended his contract as chairman and CEO through the end of 2021.
Disney-Fox deal update: The Fox movies and TV shows Disney
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