This is a no-brainer. The Walt Disney Company signs CEO Bob Iger to a new 5-year contract.
The new contract, which ends Jan. 31, 2013, raises the CEO's minimum bonus to $10 million from $7.25 million and grants him an option on 3 million shares, according to a filing Friday with the Securities and Exchange Commission. The value of Mr. Iger's long-term incentive award target was raised to $9 million from $8 million, according to the filing.
As a fan (and also a minor stockholder), I am very pleased with how Bob Iger has run the company. What more can you ask for?
Zz.
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