Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Disney amends CEO Iger's pay package

December 3, 2018 10:47 PM
95 0

(Reuters) - Walt Disney Co (DIS.N) said on Monday Chief Executive Officer Robert Iger has agreed to certain adjustments to his compensation package, which ties his paycheck to the company’s performance, as it nears the completion of its Twenty-First Century Fox (FOXA.O) acquisition.

Under the new agreement, Iger will earn no shares if the company’s relative total shareholder return is less than or equal to 25 percentile of the total shareholder return of companies in the S&P 500 index.

Read more

Share in social networks:

Comments - 0