Iger’s total compensation includes $22.8 million in non-equity incentives (that is cash to you and me) based on “extraordinary creative successes” for Disney’s animated feature “Frozen” and its Guardians of the Galaxy franchise, among other things. Just 8% of Iger’s total compensation in 2014 was based on his fixed salary of $2.5 million. Of the remaining portion, 40% is derived from annual performance and 52% is paid over the longer term in stock options and other performance-based units.
Since Iger took over as chairman, Disney’s revenues have risen from about $41 billion to about $49 billion and net income is up from $5.26 billion to $8.0 billion. Dividends have nearly tripled, from $0.40 per share to $1.15, although the dividend yield is still just 1.2%.
Among the 30 stocks on the Dow, Disney is the fifth-best performer so far this year, up a bit more than 1%. Over the past 12 months Disney’s stock is the fourth-best performer on the Dow, up nearly 29%.
The four other named executives in Disney’s proxy statement are the chief financial officer, the company’s general counsel, the executive vice-president of corporate strategy and business development, and the executive vice-president in charge of human resources. All earned total compensation of more than $5 million in 2014, but Iger’s pay was worth more than double the next closest executive’s.
The stock closed up about 0.9% at $95.18 on Friday, in a 52-week range of $69.85 to $96.43.
ALSO READ: The Bullish and Bearish Case for Walt Disney in 2015
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