The Salaries of Disney Execs

While Disney artists bring their imaginations to life through animation, Disney executives are living a lifestyle that animators can’t even begin to imagine. The Wall Street Journal recently reported that Disney chief executive Bob Iger received a 7% pay increase in 2007 for a total financial compensation of $27.7 million. According to the company’s proxy statement, the breakdown is as follows: $2 million salary, which remained the same as 2006; a $13.7 million bonus, which was a decrease from his $15 million bonus in ’06; stock awards totaling $7.9 million, and $740,000 for personal air travel, security and a car benefit. Other Disney execs who earned healthy sums were CFO Thomas Staggs ($9 million), General Counsel Alan Braverman ($7.9 million), executive vp of human resources Wesley Coleman ($2.7 million) and executive vp for corporate strategy Kevin Mayer ($2.6 million). With figures like these, there’s only four words these guys can be thinking right now: High School Musical 3. (PS: If you’re curious about what the average animation artist makes, download this PDF of the 2007 wage survey by the Animation Guild, Local 839 IATSE.)