This precise situation occurred in 2023, as a string of unsuccessful films resulted in the largest film CEO in the world undergoing a pay cut exceeding $14 million (equivalent to Rs 118 crore). Overall, industry analysts estimate that Disney Studios’ films suffered losses just under $200 million (over Rs 1500 crore) in 2023. According to Variety, Bob Iger’s total earnings as Disney CEO in 2023 amounted to $31.6 million (equivalent to Rs 263 crore). This figure encompasses various components, including a base salary of $865,385, stock awards totaling $16.1 million, $10 million in stock option awards, $2.1 million in performance-based compensation, and $2.48 million in other compensation. In 2021, he had received a total of $45.9 million (Rs 381 crore), indicating a noteworthy decrease of $14.3 million (Rs 118 crore) in Iger’s pay for the subsequent year.
