Bob Iger to Give Up Salary, Other Disney Execs Taking Pay Cuts Amid Health Crisis
Reading now: 903
justjared.comBob Iger will be forgoing his entire salary amid this worldwide health crisis. The Walt Disney Co.
announced that the 69-year-old executive chairman will no longer be paid during the current situation, and recently named CEO Bob Chapek will be taking a 50% pay cut, according an email from the CEO obtained by The Hollywood Reporter.
Other top Disney executives will also be taking salary cuts during this difficult time. “As we navigate through these uncharted waters, we’re asking much of you and, as always, you are rising to the challenge and we appreciate your support,” Bob Chapek wrote in his email. “Your dedication and resilience during this difficult time are truly inspiring and it gives me renewed confidence that will we come through
Read more on justjared.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
