WorldOfTopics.com

Walt Disney CEO Revenue Grows 80 Percent (Topic)

World Of Topics » Movies » News » Walt Disney CEO Revenue Grows 80 Percent

Walt Disney CEO Revenue Grows 80 Percent

Image

In 2018, the income of the head of Walt Disney Co. Bob Iger has grown significantly. According to The Wrap, he earned $ 65.6 million, up 80 percent from a year earlier. At the same time, in fact, Iger's salary was only $ 2.9 million, everything else is various bonuses and additional payments for the year.

It is worth noting that in the 2018 fiscal year, the Walt Disney company earned 12.6 billion dollars, that is, 40 percent more than in 2017. Over the same period, the share price rose 47 percent. Recall also that in 2018 all the details of the takeover of Fox studio were agreed, for the right of ownership of which Walt Disney agreed to pay $ 71 billion in cash and shares.

Also in 2018, information appeared that that Bob Iger is seriously considering the possibility of running for president of the United States in the next elections, but in the end he abandoned this idea, including, as Iger himself admitted, because of the opposition of his wife. Iger's contract was extended by the Walt Disney Board of Directors until 2021. He considered his main task for the coming years to establish an effective exploitation of the assets of the Fox studio.

The Topic of Article: Walt Disney CEO Revenue Grows 80 Percent.
Author: Jake Pinkman


LiveInternet