According to the company's most recent financial filing, Bob Iger will make $1 million a year.
He could make a lot more if the company performs well.
Iger is eligible for a target bonus of $1 million. The actual bonus could be less than or equal to the $1 million.
Disney has an equity-based long-term incentive plan. Each year Iger will be given a long-term incentive award with a target value of $25 million. The incentive will be split between restricted stock units and stock options.
Depending on his bonus, this could be up to $27 million a year.
Iger was one of the highest paid executives in Hollywood. Iger earned $47.5 million in his last year as CEO, which included $3 million in salary, a $21.8 million bonus, $10 million worth of stock awards, and $8.6 million worth of stock options.
Bob Chapek ran the company for less than 3 years before Iger took over. According to the report, the man could be walking away with over twenty million dollars.
Iger told The New York Times earlier this year that he wouldn't return to Disney as CEO, but the company announced Sunday that he would once again be its top executive.
A senior executive at the company said that the leadership change happened in a few days. The company's poor fourth quarter earnings, which caused its stock to fall in one day, may have been the final straw.
One of Iger's top priorities will be to find a replacement for him.
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