Disney says Iger's salary rose 7 percent to $27.7 million

Source: Reuters

LOS ANGELES (Reuters) - Walt Disney Co (DIS.N: Quote, Profile, Research) President and Chief Executive Robert Iger received a 7 percent increase in total compensation in fiscal 2007, to $27.7 million, according to a filing with the U.S. Securities and Exchange Commission on Friday.

Disney paid Iger a $2 million base salary, plus a $13.7 million bonus. The company expensed $7.9 million in stock awards and $2.2 million in option awards for Iger during the fiscal year ended September 30, the company's proxy showed.

Read more: http://www.reuters.com/article/businessNews/idUSN1132970920080112?feedType=RSS&feedName=businessNews

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"This is an impressive crowd - the haves and the have-mores," quipped the GOP standard-bearer. "Some people call you the elites; I call you my base."

economize.

Let the Good Times Roll!



BushAmerica
:patriot:
Root,hog, or die!

Well I hope he can keep the power on his house now.

but it doesn't bother me in a private company like that, where people don't have to buy Disney stuff.

What really bothers me is the outrageous salaries of the CEO's of the health care companies, and the big pharma. We really need to get the profit out of health care.

it would be a safe bet to say I am going to profit from it immensely. Sorry, but pharma companies are just as private as Disney or Motorola.

And people don't die if they don't buy Disney or Motorola products.

but really is any CEO worth THAT much money?

Main Entry: ob·scene
Function: adjective
Pronunciation: äb-'sen, &b-
Etymology: Middle French, from Latin obscenus, obscaenus
1 : disgusting to the senses : REPULSIVE
2 a : abhorrent to morality or virtue ; specifically : designed to incite to lust or depravity b : containing or being language regarded as taboo in polite usage <obscene lyrics> c : repulsive by reason of crass disregard of moral or ethical principles <an obscene misuse of power> d : so excessive as to be offensive <obscene wealth> <obscene waste>
synonym see COARSE
- ob·scene·ly adverb

And as I feel like I've been insulted, I am enclosing a copy of the dictionaries definition- and yes, I think that it qualifies as obscene.

It would seem more prudent to me to give a little bit of that back to the shareholders.