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Disney’s CEO made 1,424 times as much as his employees

Posted: Mon Apr 22, 2019 7:26 am
by hobie16
Abigail Disney did the math.

Last year, when Bob Iger, the CEO of Walt Disney Co., earned a bonus that brought his total compensation to $65.6 million, she discovered that he could have awarded a 15 percent raise to everyone who worked at Disneyland and still pocketed $10 million.

The independent filmmaker and activist — and an heir to the mass media and entertainment empire — offered that observation on Thursday in a conversation on “humane capitalism” hosted by the Fast Company Impact Council. Disney, 59, called Iger’s pay “insane,” explaining that her view has been shaped by encounters with Disneyland employees in Anaheim, Calif., where reduced benefits have left them straining to pay for basics, such as medicine.

An heir to the Disney fortune thinks that’s ‘insane.

Re: Disney’s CEO made 1,424 times as much as his employees

Posted: Mon Apr 22, 2019 1:46 pm
by felinefan
Walt must be rolling in his grave. Is she descended from Walt's daughter, or his brother?