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U.S. markets recover from steep losses
LOS ANGELES, Jan. 21 (UPI) -- U.S. entertainment giant Walt Disney Co. said top executives received substantial raises in 2011.
Chief Executive Officer Bob Iger was paid $31.4 million in 2011, a raise of 12 percent from 2010 and 45 percent from 2009, The Hollywood Reporter said Saturday.
Iger's total pay included $15.5 million in bonuses and an annual stock award worth $12.9 million.
Chief Financial Officer Jay Rasulo was paid $9.9 million, a $300,000 pay raise from 2010. Executive vice president and chief human resources director Jayne Parker was paid $3.1 million, a 15 percent raise, the Reporter said.
Disney's top lawyer, Alan Braverman was paid $6.9 million, also taking home a $300,000 raise over 2010.
Executive vice president of corporate strategy and business development Keven Mayer missed out, however, with his pay falling from $4.1 million to $3.6 million, the newspaper said.
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