BURBANK: Walt Disney Co executive chairman Bob Iger (pic) saw his pay decline 56% to US$21mil last year, after the company curtailed bonuses and other compensation in the wake of the pandemic.
Chief executive officer (CEO) Bob Chapek, who was promoted to Iger’s former role at the end of February, earned US$14.2mil, one of the lowest compensation levels for a Disney CEO in more than a decade. Iger earned US$21.9mil in 2006, his first full year as CEO.
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