Disney exec paid equivalent of $3.4 million a month for brief 3-month stint has already landed a new job
https://fortune.com/2023/01/24/geof...ent-34-million-month-landed-major-role-teneo/
The Wal Mart family worth billions and what they pay their front line associates is something that comes to mindThese crazy outlandish salaries are one of the reasons Disney continues to raise prices while the boots on the ground worker is paid peanuts. I know--- I know life isn't fair.
Wait until you see what other companies do!Glad those news outlets caught on to what was reported 1-2 weeks ago.
Making over $100k per day for 3 months of work is rather outlandish. Not to mention the moving expenses, Disney buying him a house, etc. I know the house isn't in the guy's name but it's indicative of a spending problem within the company, one that goes far beyond WDI, it seems.
Wait until you see what other companies do!
That wasn't his salary, and he didn't "make that much over 3 months."
He received a lump sum payout because they terminated his contract.
If I make $100,000 and then get fired with a severance package of $100,000, you don't say that my salary was REALLY $200,000.
Back in the day I was friends with an exec assistant to the VP in the place I worked for. She gassed up his company issued Cadillac 2x a week. I did not think the VP did not want to get his hands dirty pumping gas on his own.Trust me, I'm well aware. While the peons eat beans and rice, the execs are traveling the world, living in extravagance, driving expensive company cars... This ain't my first rodeo.
Did he retain his complimentary theme park access for him and his family?Fair.
Just to be accurate:
"During his time heading up Disney’s public relations and government affairs team, he received $8.3 million in salary and bonuses.
And there’s more money for Morrell down the line, as Disney plans to pay out the rest of his contact through the 2022 fiscal year, which ends on Oct. 1.
That means he’ll receive a further $4 million for the remainder of his contract as well as a target-set bonus. That would bring his total to $12.3 million." (but then subtract $2 million for bonus targets that weren't met)
I wonder what he knows that the board doesn't want anybody else to know.Fair.
Just to be accurate:
"During his time heading up Disney’s public relations and government affairs team, he received $8.3 million in salary and bonuses.
And there’s more money for Morrell down the line, as Disney plans to pay out the rest of his contact through the 2022 fiscal year, which ends on Oct. 1.
That means he’ll receive a further $4 million for the remainder of his contract as well as a target-set bonus. That would bring his total to $12.3 million." (but then subtract $2 million for bonus targets that weren't met)
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