Walt Disney CEO Robert Iger received a $2 million salary and a $13.9 million bonus for fiscal 2008, and his overall compensation increased 11 percent from 2007, according to The Wall Street Journal.
Iger’s total compensation for 2008 was valued at $30.6 million, which increased compared to his $27.7 million compensation package in 2007.
In their proxy statement, Disney also put up its entire slate of directors, including Apple CEO Steve Jobs, for re-election at the company’s annual meeting on March 10. Jobs announced a six-month sabbatical from his duties at Apple due to health reasons.
Iger’s base salary has not changed much since he was hired as CEO in 2005. This year’s bonus was $2.4 million less than he was entitled to; the company said Iger declined that money as a gesture of goodwill. His decision follows suit of executives at some large financial corporations, including Bank of America.
Iger also received stock awards valued at $7.7 million; options awards valued at nearly $6 million; and $733,000 to cover expenses including air travel and security, a decrease from 2007’s $745,000.
CFO Tom Staggs received a salary of nearly $1.9 million and was awarded a $4.1 million cash bonus—down eight percent from last year—and stock awards of more than $2.8 million. General Counsel Alan Braverman took in more than $1 million in salary and a $3 million bonus, according to WSJ.