1. Disney Shareholders Won't Endorse CEO Robert Iger's Compensation Plans

    Disney Shareholders Won't Endorse CEO Robert Iger's Compensation Plans

    In a rare rebuke of Walt Disney Co. leadership, shareholders voted down a nonbinding endorsement of Chairman and Chief Executive Robert Iger 's compensation plans, which could balloon well over $100 million under a recent contract extension. Under the employment agreement Mr. Iger signed in December along with his company's deal to acquire assets of 21st Century Fox Inc., the executive could receive as much as $142 million worth of stock, based on the share price at the time...

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    1. The Board decided it was imperative that Bob Iger remain as Chairman and CEO through 2021.
    2. Our pending acquisition of 21st Century Fox will expand our ability to drive long-term value as an extraordinary entertainment company with the content, the platforms and the reach to meet the growing demands of consumers around the world.
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