Disney CEO Bob Iger continues to benefit financially as the company delays its CEO succession decision until 2026. According to Disney’s annual proxy filing, Iger’s 2024 pay package is valued at $41.1 million, with $1 million as base salary and the majority coming from stock and option awards. This marks an increase from his 2023 pay package, which totaled $31.6 million.
Iger’s contract extends through 2026, but board chairman James Gorman has reaffirmed plans to find a successor by early 2026. In his first annual shareholder letter, Gorman emphasized the board’s focus on ensuring a smooth leadership transition. “We have continued to make strong progress over the last year,” he wrote, noting the board’s commitment to finding the right leader to secure Disney’s future.
Disney also revealed compensation for other top executives. CFO Hugh Johnston received $24.5 million, while chief legal and compliance officer Horacio Guttierez earned $15.8 million. Since much of their compensation is tied to stock and options, actual take-home pay fluctuates with Disney’s share price.
The company’s succession timeline and leadership planning remain critical as Disney navigates its next chapter under Iger’s extended tenure.
