Disney Doubles CEO Pay To $32.5M, Restructures Management: What You Need To Know

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The Walt Disney Co (NYSE: DIS) CEO Bob Chapek saw his compensation rise to $32.5 million, according to a statement filed with the U.S. Securities and Exchange Commission Wednesday.

What Happened: In FY 2021, Chapek saw his pay swell to more-than-double from the $14.2 million he earned in the preceding year.

The Disney CEO was granted stock awards worth a total of $10.2 million and options valued at $3.75 million, as per the filing. A year earlier, his stock awards and options amounted to $6.13 million and $3.37 million, respectively.

Meanwhile, Chapek announced the creation of an International Content Group that will function under the direction of Rebecca Campbell as chairman, international content and operations.

The …

Full story available on Benzinga.com

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