In this article, you will get all information regarding Filings: Iger Could Collect $27M Annually with Return to Disney – MyNewsLA.com

Bob Iger’s return to The Walt Disney Co. could prove particularly lucrative, with federal documents filed Monday indicating he could earn around $27 million annually depending on overall performance.

According to paperwork filed with the Securities and Exchange Commission, Iger will earn a base annual salary of $1 million for each of the two years of his contract as the company’s CEO. The employment agreement also makes him eligible for “an annual, performance-based bonus under the company’s applicable annual incentive plan … with a target equal to 100% of the base salary,” according to the paperwork.

“The actual amount payable to Mr. Iger as an annual bonus will be dependent upon the achievement of performance objectives, which will be substantially the same as the objectives established under the plan for other executive officers of the company,” the papers state. “Depending on performance, the actual amount payable as an annual bonus to Mr. Iger may be less than, greater than or equal to the stated target bonus, and could be zero.”

Filings: Iger Could Collect $27M Annually with Return to Disney – MyNewsLA.com

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