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The new head of Disney will receive an annual allowance of 27 million dollars

World

22 November, 16:20

Disney CEO Bob Iger will receive a hefty payout to return to the CEO role.

According to the Securities and Exchange Commission filings, Iger will receive a compensation package of $27 million every two years. However, the actual number could be higher or lower depending on the company's performance and stock price.

Notably, Iger will receive a salary and annual bonus significantly lower than the salary and bonus he received during his last tenure as CEO.