This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXNPEC4M0WL_M.jpg
The pandemic dealt a major blow to the company’s theme parks and movie studio business, while people sheltered at home during the lockdown pumped up sign-ups on its Disney+ streaming service.
Iger received a total compensation of $21 million for fiscal year 2020, significantly lower than the $47.5 million he had received in the prior year, Disney disclosed in a regulatory filing.
The compensation package of Chief Executive Officer Bob Chapek, who took on the role last February, totaled to $14.2 million.
Last year, Disney said Iger would forgo his salary while Chapek took a 50% pay cut amid the coronavirus crisis.
