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

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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...

Mentions: Leadership CEO Disney