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Disney Cuts Iger's Future Compensation by $13.5 Million a Year

BNN Bloomberg

(Bloomberg) -- Walt Disney Co. cut tens of millions of dollars of future potential earnings for Chief Executive Officer Bob Iger days before its annual meeting, where investors are set to vote on the entertainment giant’s executive pay program. Iger’s target annual compensation will be $35 million after the deal with Rupert Murdoch’s 21st Century Fox Inc. is completed, Disney said Monday in a regulatory filing. That’s 28 percent less than the initial $48.5 million target...

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