Tag: Bob Chapek

Disney’s Bob Iger took a huge pay cut to comeback

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The entertainment and business worlds were in for a big surprise Sunday night when it was announced that Bob Iger would return to The Walt Disney Company, with Iger replacing Bob Iger as CEO. Iger had previously retired in 2020, and while one would think it would require a large salary to bring back the CEO, Iger has already taken a significant salary cut to return to his old job. According to a report from diverseIger’s base salary is $1 million, and plus bonuses and a long-term incentive bonus, he…

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Bob Iger sends a note to Disney employees after replacing Bob Chapek as CEO

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In what could end up being the biggest entertainment news of the year, Bob Iger has found his way back to Disney. Late Sunday night, Iger was named the new CEO of The Walt Disney Company, a position he previously held from 2005 to 2020. This time, Iger replaced his successor, Bob Chapek, after a tumultuous tenure at the helm of the company that lasted less than three years. Iger didn’t waste much time before he got down to business, sending out a company-wide email to Disney employees. “It is…

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