Bob Iger’s Compensation Topped $31 Million For FY23; Disney Urges Shareholders To Support Its Board Nominees As Activists Circle
deadline.comDisney CEO Bob Iger’s compensation totaled about $31.6 million for the company fiscal year ended Sept. 30. It includes most of the year.
Iger returned to lead Disney in November of 2022. In a preliminary proxy statement filed with the SEC this afternoon, Disney also alerted shareholders to an upcoming annual meeting but didn’t provide the date, which will be forthcoming.
The event looks set to be the scene of a nasty proxy battle with two sets of activist investors looking to seat outside directors on the board.
Disney said in the filing, emphasized in separate press release, that it does not endorse the nominations of Nelson Peltz and James Rasulo put forth by Trian Fund Management, led by Peltz and backed by former Disney executive and shareholder Ike Perlmutter.
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