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Bob Iger made 32M in 2023

Posted on 1/17/24 at 8:35 am
Posted by rebelrouser
Columbia, SC
Member since Feb 2013
10629 posts
Posted on 1/17/24 at 8:35 am
Wow. You would think he did a great job.
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
25065 posts
Posted on 1/17/24 at 8:37 am to

Great choice to bring Bob Version 1.0 back to the fold.
(He never really left though)
Posted by Byron Bojangles III
Member since Nov 2012
51680 posts
Posted on 1/17/24 at 8:41 am to
quote:

You would think he did a great job.


welcome to capitalism where you don't need to do a good job to make a lot of money.
Posted by RoyalAir
Detroit
Member since Dec 2012
5889 posts
Posted on 1/17/24 at 9:06 am to
quote:

welcome to capitalism 


Cronyism.

Iger is objectively bad at his job from a capitalistic standpoint. Were he being judged by the market, he'd have been fired already. That he still has his job, and is still being paid like he is, is evidence of Cronyism at play - not capitalism.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50540 posts
Posted on 1/17/24 at 9:11 am to
quote:

welcome to capitalism where you don't need to do a good job to make a lot of money.


If this was about capitalism, Disney would be making a lot more money and there wouldn't be talks of a shareholder coup.
Posted by Midget Death Squad
Meme Magic
Member since Oct 2008
24574 posts
Posted on 1/17/24 at 9:11 am to
quote:

Bob Iger made 32M in 2023



Iger made less than Disnely lost in 2023
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51633 posts
Posted on 1/17/24 at 9:12 am to
Good for him
Posted by Fun Bunch
New Orleans
Member since May 2008
115964 posts
Posted on 1/17/24 at 9:31 am to
He should make as much as he can, because if Disney has another year like 2023 there will be a shareholder revolt
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30586 posts
Posted on 1/17/24 at 9:45 am to
quote:

welcome to capitalism where you don't need to do a good job to make a lot of money.

Bob took over as CEO in 2005. The stock price had a low of $25 in 2005. The stock price was about $150 when he “retired” end of 2021. He did a fantastic job in that time, and he’s being paid huge money because of that record
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61289 posts
Posted on 1/17/24 at 9:46 am to
quote:

welcome to capitalism where you don't need to do a good job to make a lot of money.


Cronyism is not capitalism. Capitalism would mean Iger gets a negative salary.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30586 posts
Posted on 1/17/24 at 9:47 am to
quote:

Iger is objectively bad at his job from a capitalistic standpoint. Were he being judged by the market, he'd have been fired already. That he still has his job, and is still being paid like he is, is evidence of Cronyism at play - not capitalism.

You don’t know shite about the market or capitalism. A publicly traded company’s CEO has one major job - stock price. And Iger has objectively been great in that respect during his full time as CEO of Disney. $25 to $150 during his first run as CEO
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61289 posts
Posted on 1/17/24 at 9:47 am to
quote:

He should make as much as he can, because if Disney has another year like 2023 there will be a shareholder revolt


What projects make a splash for Disney this coming year? Everything they put out is the same formulaic trash with the same tired DEI tropes baked within the story.

Are little girls loving Rey or She-Hulk yet?
This post was edited on 1/17/24 at 9:48 am
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422616 posts
Posted on 1/17/24 at 10:07 am to
quote:

What projects make a splash for Disney this coming year? Everything they put out is the same formulaic trash with the same tired DEI tropes baked within the story.

I think Iger is trying to slow the bleeding. I don't think it's possible to right the ship in a year or 2 with a huge corporation like Disney.
Posted by NOSHAU
Member since Feb 2012
11923 posts
Posted on 1/17/24 at 10:24 am to
quote:

Wow. You would think he did a great job.


Made less than probably half the players in the NBA.
Posted by RoyalAir
Detroit
Member since Dec 2012
5889 posts
Posted on 1/17/24 at 10:30 am to
Per your own admission, Iger 2.0 is being paid for the results of his tenure as Iger 1.0.

He's objectively bad at his job in this second iteration. The company, which produces entertainment content, is being rejected in the marketplace. I'm sure his earnings calls are a lot of fun right now.

Past performance =/= future results, chief.
Posted by Ignignokt
Member since Dec 2005
3381 posts
Posted on 1/17/24 at 10:48 am to
We know the entertainment arm of Disney has taken a giant dump over the past 4+ years, but how are the parks doing? I read they were at capacity or close to it over the holidays. Seems people are still spending money there.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50540 posts
Posted on 1/17/24 at 10:51 am to
quote:

I think Iger is trying to slow the bleeding. I don't think it's possible to right the ship in a year or 2 with a huge corporation like Disney.


He's the wound that caused the bleeding in the first place.
Posted by TotesMcGotes
New York, New York
Member since Mar 2009
27878 posts
Posted on 1/17/24 at 10:59 am to
quote:

Made less than probably half the players in the NBA.

You think half the players in the nba make north of $32 million a year?
Posted by Gifman
by the mountains
Member since Jan 2021
9361 posts
Posted on 1/17/24 at 11:07 am to
I wish I could get paid that much to run a historic brand into the ground.
Posted by Scruffy
Kansas City
Member since Jul 2011
72129 posts
Posted on 1/17/24 at 11:09 am to
quote:

I think Iger is trying to slow the bleeding. I don't think it's possible to right the ship in a year or 2 with a huge corporation like Disney.
It was kinda Iger’s fault that it went this direction to begin with.
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