He received stock grants worth $400M in 2011 that vest over 10 years. If the stock goes up those grants become even more valuable. He received grants for 1M shares when the stock price was around $400. That's an average of $40M per year over the 10 years. Since the 7 for 1 stock split and the increase in stock price that initial grant would be 7M shares worth over $800M. That's not a signing bonus. He is taking the bulk of his pay in stock. In addition to receiving 700K shares from the 2011 grant he received and additional 219K shares from a 2010 grant to bring his total shares vesting in 2014 to over 900K shares. The value of the shares that vested in 2014 was over $90M plus his $9M in cash salary and bonus.
Are we going to need to book a fastpass for the emergency room?
This is were the problem lays. Willingness to engage in statistical malpractice allows Iger to state the "follow the customer " line with a straight face. The first action item for the new CEO clean house of management at Research and appoint a new individual as CSO/CRO then rebuild the department.
Are we going to need to book a fastpass for the emergency room?
There are, without a doubt, a lot of "Brand Advocates", such as yourself, me, and even Spirit, in the Disney fandom. I do not believe that is most people visiting WDW.I'm not sure we disagree with each other on this. The Disney Difference is what generates brand loyalty, isn't it, as far as the parks are concerned? Even if that loyalty is blind loyalty, and that may be true, and that's a great shame, because, as I think you're saying, that lets TDO get away with a lot of penny-pinching that Walt would never have put up with. The thing is - the Disney magic still exists, but most of it lives on in the films Walt made, and that his predecessors made (at least those who understood his style of storytelling - the creators of the Silver Age films like The Lion King and Beauty and the Beast). Those films are the entry point for those who visit Disney parks, and that's why, in my opinion, it's foolish for Iger to look beyond the studio for attraction concepts, stuff like Avatar and Star Wars - that's not what people are looking for in a Disney park. They want that Disney magic (why else would a dated dark ride like Peter Pan's Flight have such high attendance? It's certainly not due to its cutting-edge technology!) Is that what you meant when you said that the executives need to pay attention and learn? Because I agree. I'm just in despair that it will ever happen as long as Iger holds the reins.
The ports of call are probably the reason for the adult heavy make up of an Alaskan Cruise. That wouldn't be necessarily true of all destinations. I'd think that the heaviest concentration of families and kids would be in the shorter Caribbean jaunts.
The half only goes through MK and Future World.
Yeah, that too.
but..but.. you're a grumpy old man, your icon says so.The ports of call are probably the reason for the adult heavy make up of an Alaskan Cruise. That wouldn't be necessarily true of all destinations. I'd think that the heaviest concentration of families and kids would be in the shorter Caribbean jaunts.
BTW, since I am only three years away from being 70, I'd appreciate it if you would not refer to that as old. There's alive and there is dead. Those are the only two ways a human can be in my opinion. Or at least refer to it as "mature" so I can still get my discounts. The preceding was a public service announcement!
Yes, I know... I was just kidding with you so you perhaps you can now see that I am not only not old, I am not grumpy either, ever.but..but.. you're a grumpy old man, your icon says so.
(ps, my prior message about "mature" individuals wasn't mean to insult or anything like that)
It's just an image that I am trying to foster. You know... good cop vs. bad cop? 
A signing bonus isn't typically 10X your base salary. It's hard to call $400M a signing bonus. Whatever you want to call it, he negotiated a package to run the company for the next 10 years which included a base salary plus equity. It's not uncommon for tech company executives to take most or all of their pay in stock.
