Abigail Disney, granddaughter of Disney co-founder Roy O. Disney, used her family name to launch an unusually public attack on the modern Walt Disney Company. In April 2019, she criticized then-CEO Bob Iger's compensation on Twitter after reports that he had received a $66 million pay package in 2018; his estimated 2019 compensation was approximately $35 million. Disney argued that no chief executive was worth hundreds of times the pay of a median worker and challenged the idea that extraordinary executive rewards could be justified while frontline employees struggled. The company answered that Iger's compensation was approximately 90 percent performance-based and that his leadership had created exceptional value for shareholders. Disney escalated the dispute in an April 23 Washington Post op-ed, accusing the enormously profitable corporation of tolerating extreme pay inequality and calling for structural reform rather than simply defending executive performance bonuses.
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AI concept artworkArchive Record · 2010s-2020s
The Disney Heiress Who Turned on the Mouse House Over Executive Pay and Working Poverty
Abigail Disney and The Walt Disney Company / 2010s-2020s
Abigail Disney, granddaughter of Disney co-founder Roy O. Disney, used her family name to launch an unusually public attack on the modern Walt Disney Company. In April 2019, she criticized then-CEO Bob Iger's compensation on Twitter after reports that he had received a $66 million pay package in 2018; his estimated 2019 compensation was approximately $35 million. Disney argued that no chief executive was worth hundreds of times the pay of a median worker and challenged the idea that extraordinary executive rewards could be justified while frontline employees struggled. The company answered that Iger's compensation was approximately 90 percent performance-based and that his leadership had created exceptional value for shareholders. Disney escalated the dispute in an April 23 Washington Post op-ed, accusing the enormously profitable corporation of tolerating extreme pay inequality and calling for structural reform rather than simply defending executive performance bonuses.
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