Disney cuts CEO bonus, adds Twitter co-founder to board


Disney CEO Bob Iger's 2013 bonus was reduced by US$3mil but he still pocketed US$13.6mil in cash performance bonus - AFP Photo.

WALT Disney Co has slashed Chief Executive Bob Iger's fiscal 2013 compensation by 15% with a bonus cut, and named Twitter Inc co-founder Jack Dorsey an independent board director.

Dorsey, widely credited with creating Twitter alongside fellow co-founders like Ev Williams, Biz Stone and Noah Glass, will stand for election at Disney's March 18 annual meeting, Disney said in a statement on Monday.

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Disney , CEO , Bob Iger , bonus , 2013

   

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