Disney Shareholders Don’t Endorse Compensation Plan for CEO Robert Iger - News Summed Up

Disney Shareholders Don’t Endorse Compensation Plan for CEO Robert Iger


In a rare rebuke of Walt Disney Co. leadership, shareholders on Thursday voted down a nonbinding endorsement of the compensation given to Chairman and Chief Executive Robert Iger following an increase in December. About 52% of votes cast at the company’s annual meeting expressed displeasure with Mr. Iger’s new pay package. It was the first time a majority of votes were cast against such a proposal at Disney.


Source: Wall Street Journal March 08, 2018 18:17 UTC



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