Disney CEO Bob Iger Earned $41.1 Million in Fiscal 2024: A Breakdown of Executive Pay
Disney CEO Bob Iger Earned $41.1 Million in Fiscal 2024: A Breakdown of Executive Pay
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News Disney CEO Bob Iger Earned $41.1 Million in Fiscal 2024: A Breakdown of Executive Pay
- Thread starter wdwmagic
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Question from the audience:
If you’re doing such a wonderful job and everything is great, why do you need a carefully crafted PR piece to let everyone know how great you are?
Can’t they just look at the stock price?
If you’re doing such a wonderful job and everything is great, why do you need a carefully crafted PR piece to let everyone know how great you are?
Can’t they just look at the stock price?
wannabeBelle
Well-Known Member
$112.72 at the moment. Marie
Stripes
Premium Member
The company’s financial situation has vastly improved compared to 2021 when the stock was at an all-time high. The stock market is not the best indicator of the financial health of the company.
Free cash flow in 2021 was cut in half and dipped below $2 billion. In 2022, it was cut in half again to about $1 billion. In 2024, Disney reported free cash flow of over $8.5 billion.
John park hopper
Well-Known Member
Bob was paid and we all paid Bob
Disagree, the CEO's job is run the company in a way that benefits the investors. Investors don't put money into stagnate or unhealthy companies. I'm not saying that Disney is failing, but the main thing investors care about is YOY growth. Since Bob's return the results have been mixed on this front, despite them twisting and contorting to make sure the quarterlies are as good as possible.
Disney has consistently underperformed market averages for the past 2 years, their core divisions have underperformed from theme parks to studios to streaming. Domestic Parks growth has reversed and is now basically flat, the PR piece cherry picked two or three production successes but neglected to mention the dozens in comparison that underperformed or flat out bombed, D+ is barely profitable only because they were forced to integrate HULU, which they had to shell out at minimum $8.6B to possible as much or more than $13.6B for.
Probably most damning is that the BOD has excluded Bob from his successor's search, and moved away from any internal candidates that have been part of Bob's C-Suite team.