Walt Disney Co. tweaked Robert Iger’s compensation package for the second time in three months, removing $13.5 million in potential salary and incentive awards available for the chief executive after the company closes its acquisition of 21st Century Fox Inc. assets. The move comes a few months after the company adjusted his compensation due to shareholder pushback on his salary. Last March, Disney shareholders voted down a nonbinding endorsement of Mr. Iger’s compensation, a rare snub for the company and for a chief executive...

Source: Wall Street Journal March 04, 2019 16:10 UTC