Disney Doubles CEO Pay to $32.5 Million, Restructures Management: What You Need to Know

Disney Doubles CEO Pay to $32.5 Million, Restructures Management: What You Need to Know
A screen shows the logo and a ticker symbol for the Walt Disney Company on the floor of the New York Stock Exchange, on Dec. 14, 2017. Brendan McDermid/Reuters
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The Walt Disney Co. 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.