Disney Puts an End Date on the Bob Iger Era, as Pay Package Grows to $45.8M

Disney revealed in its latest proxy filing that CEO Bob Iger’s 2025 pay rose to $45.8 million and confirmed his replacement will be named by "early 2026," officially setting an end date for his second tenure.

• A king's ransom: Iger’s package includes a $1 million base salary, a cash bonus of over $7 million, and tens of millions in stock awards, putting his total pay at 805 times that of the median Disney employee, who earned around $57,000.
• The public audition: While Disney remains tight-lipped, reporting points to four internal candidates, with Experiences chairman Josh D’Amaro and Entertainment co-chair Dana Walden seen as the frontrunners in a high-stakes race for the top job. The board's succession committee is overseeing what it calls a "rigorous preparation process" for the candidates.
• Setting the stage: To stabilize leadership ahead of the transition, the company has also locked in new contracts with other senior executives, a move first reported by _The Hollywood Reporter_.

With the timeline now public, the stage is set for the company's annual meeting on March 18, where shareholders will have their first chance to weigh in on the final act of the Iger era.