Disney Boss Bob Iger made about a million dollars less in 2016 than he did in 2015, but hey, he’s still pretty rich.
The company chairman and CEO hauled in $43.9 million last year. Not bad, but not as good as he did in the two previous years. Iger made $44.9 million in total compensation in 2015, and a healthy $46.5 million the year before. Iger’s pay included a $2.5 million base salary, $17 million in stock options and $20 million in incentives.
Disney’s stock is up 348 percent since Iger took over the top job in October 2005, but the Mouse House hasn’t been the happiest place on Earth the last couple years, as subscribers fleeing from Disney’s sports cable network ESPN have put pressure on its profitability and its stock price.
On the positive side, Disney’s movie studio had the best year of any studio ever, becoming the first to ever hit $7 billion at the global box office. Disney also swept the top five highest grossing movies of the year, with “Captain America: Civil War,” “Finding Dory,” “Zootopia,” “The Jungle Book,” and “Rogue One: A Star Wars Story” topping the global box office. But despite that success, the company’s stock actually dipped 1 percent last year, with Q4 earnings falling $400 million short of analyst estimates.