No rece$$ion there:
"Disney chief made $37.1 million in year of record profit" Associated Press, January 20, 2013
LOS ANGELES — Disney chief executive Bob Iger’s pay package got an 18 percent boost last year to $37.1 million as the company posted record revenue, net income and earnings per share.
Walt Disney Co. also cited Iger’s leadership in the $4.06 billion acquisition of ‘‘Star Wars’’ creator Lucasfilm, along with the launch of theme park additions, cruise ships, and the expansion of the Disney Channel overseas.
Iger, 61, saw the biggest jump in pay from the value of new stock option awards, which hit $7.8 million in 2012, up from $4.8 million in 2011, according to a regulatory filing Friday. Stock award grants valued at $9.5 million were above the $8.1 million he received a year earlier.
He also received incentive pay of $16.5 million, up from $15.5 million, while his salary rose to $2.5 million from $2 million. Other compensation for security and personal air travel came to $800,700, down from $962,932 a year earlier.
Yeah, I gue$$ I would be motivated, too.
The company as a whole grew revenue 3 percent to $42.3 billion for the fiscal year through September. Net income rose 18 percent to $5.7 billion, while earnings per share grew 24 percent to $3.13.
How did you do last year, American? Did you manage to hold on to that job?
In the fiscal year through Sept. 29, shares of Walt Disney Co. rose 73 percent.
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