Due to the immense success in the entertainment industry caused by the COVID-19 pandemic, some Disney executives have seen huge successes in their annual revenues.
Executive Director Bob Iger, who has since been replaced by Bob Chapek, won just over $ 21 million in 2020. Although it seems a lot to most people, it is less than half of the $ 47.5 million in earnings made in 2019.
Bob Chapek earned less than Iger, with $ 14 million in earnings in fiscal 2020. Both executives suffered pay cuts during this year of financial crisis. There is no information on Chapek’s previous earnings since he was promoted to office in February last year.
This announcement came after a surprising fourth-quarter earnings report, with the company earning $ 14 billion in revenue. The original document showing Iger and Chapek’s earnings can be seen here.