Disney Reports Chiefâs Compensation
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LOS ANGELES  â Robert A. Iger, chief executive of the Walt Disney Company, received a compensation package in the 2007 fiscal year valued by the company at $27.7 million, according to an analysis of documents filed Friday with the Securities and Exchange Commission.
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The Walt Disney Co. agreed yesterday to settle allegations from federal regulators that it failed to disclose benefits received by some directors and their relatives.
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Bill Gates, Microsoft's chairman and chief software architect, and Steve Ballmer, the software maker's CEO, each received a base salary of $591,667 and a $310,000 bonus for the 12-month period that ended June 30.
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Sept. 10, 2004 - Michael Eisner plans to step down as chief executive of the Walt Disney Co. when his contract expires in 2006, he said in a letter to the company&#39;s board of directors.
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Viacom said it would pay its new chief executive $2 million in salary, as a way to limit cash compensation and tie most of the compensation to the performance of ViacomÂs stock.
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The Walt Disney Co. agreed Monday to settle allegations from federal regulators that it failed to disclose benefits received by some directors and their relatives, including three children employed by the company.
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Walt Disney President and CEO Robert Iger reported Tuesday that his company has sold 125,000 digital movies since they debuted on the iTunes Store last week, already generating $1 million in revenue. Iger told attendees of an investment conference in New York on Tuesday that Disney anticipates seeing about $50 million in revenue from the venture during its first year.
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Executives at Walt Disney Co. will have some of their stock benefits subject to performance-based requirements as part of changes to its long-term compensation plan, the entertainment company announced on Thursday.
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GEORGETOWN, United States : Walt Disney chief Michael Eisner portrayed his friend Michael Ovitz -- fired after 15 months as company president with a 140 million dollar severance package -- as an executive unable to adapt to Disney&#39;s corporate culture.
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GEORGETOWN, United States : Controversial Disney Co. chief executive Michael Eisner has been tough and unflappable defending himself this week against shareholder charges that he wasted 140 million dollars by taking on Michael Ovitz as president in 1995.
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The California Public Employees&#39; Retirement System and three other heavyweight institutions are turning up the heat on The Walt Disney Co.
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A shareholder lawsuit over the &#36;140 million severance the Walt Disney Co. paid Michael Ovitz neared its close on Friday, after months of testimony about one of the ugliest chapters in Disney's history.
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The Walt Disney Company has revamped its executive compensation policy, requiring top officers to own and hold more stock and tying stock awards to the performance of the company&#39;s share price.
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Shareholders suing Walt Disney Co.'s  board of directors on Thursday portrayed Michael Ovitz as a dishonest and erratic executive who should have been fired instead of walking away from his job with &#36;140 million in severance pay.
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NEW YORK - A lot of people say Michael Ovitz was overpaid at Walt Disney Company. These critics dwell on the superficial, noting, for instance, that he worked at the company just 14 months and was paid $140 million when he quit.
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DISNEY chief Michael Eisner will not leave the magic kingdom until 2006 but some of America&#39;s top executives are already being tipped as possible successors.
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CEO who once led company to industry glory has found himself under fire in recent years. LONDON -- Michael Eisner, who led the Walt Disney Co.