Some related job titles areSenior Legal Counsel salaries with median pay of $231,266,Transactional Attorney salaries with median pay of $97,938,Vice President and Assistant General Counsel salaries with median pay of $220,283,Assistant General Counsel salaries with median pay of $182,060. Check out the latest Walt Disney Company Jobs. Average salaries for Walt Disney Company Deputy General Counsel: [salary]. For its 2020 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Senior Executive Vice President, General Counsel and Secretary: Total Cash $8,000,061: Equity $5,000,037: Other $79,888: Total Compensation $13,079,986: Robert A. Iger Chairman and Chief Executive Officer: Total Cash $24,750,000: Equity $19,656,186: Other $1,144,342: Total Compensation $45,550,528: Zenia B. Mucha Senior Executive Vice President and Chief Communications Officer All rights reserved. Our Standards: The Thomson Reuters Trust Principles. Braverman, who is perennially one of the highest-paid law department leaders in the U.S., and those top Disney executives received no bonuses last year. Disney is now led by Chief Executive Officer Robert Chapek, who took over last year from Robert Iger, a longtime leader of the Burbank, Calif.-based entertainment titan. General Counsel Compensation by Gender (All Companies) The average female General Counsel at companies similar size to The Walt Disney Company reported making $207,500, while the average male General Counsel at similar sized companies reported making $215,864. { For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The information shown here is a reporting of information included in the company's proxy statement. May engage and coordinate with outside counsel for certain matters. reports. BURBANK, Calif., December 22, 2021 - Horacio Gutierrez has been named Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company (NYSE: DIS), it was announced today by Bob Chapek, Chief Executive Officer. Both options are priced the same. Chapeks package included: $2.5 million base salary; $10.8 million in stock awards; $8.5 million in options awards; and $6.75 million in non-equity incentive plan compensation (like a cash bonus). event : evt, Related Searches:All Counsel Salaries|All Walt Disney Company Salaries. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editor responsible for this story: Chris Opfer at copfer@bloomberglaw.com. Alan Braverman received $16.7 million in total compensation. Disney's fiscal year ends Sept. 30. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Chapek's package included: $2.5 million base salary; $10.8 million in stock awards; $8.5 million in options awards; and $6.75 million in non-equity incentive. For its 2019 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. As such, it noted CFO Christine McCarthys package totaled $20.2 million; General Counsel Horacio Gutierrez $15 million; HR chief Paul Richardsons $5 million; and comms chief Kristina Schake $6.2 million. Typically reports to CEO. listeners: [], In June 2022, the Board agreed to extend Mr.Chapeks employment agreement based on Mr.Chapeks work navigating the Company through the unprecedented challenges of the pandemic and growing the Companys streaming business. Provides guidance and counsel to management on business transactions and initiatives. For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. Law Offices of Gary Martin Hays & Associates Your article was successfully shared with the contacts you provided. The charts on this page feature a breakdown of the total annual pay for the top executives at Walt Disney Co as reported in their proxy statements. The company, which is heading for a proxy fight with Trian Partners and its owner and activist investor Nelson Peltz, noted its annual meeting is set, as usual, for March, but didnt provide a date. Search thousands of open positions to find your next opportunity. See if they're hiring! All quotes delayed a minimum of 15 minutes. Head of litigation for the world's largest manufacturer of furniture, with more than $7.5 billion in revenue, 1,000 physical locations, and 35,000 employees. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . The Walt Disney Company has hired Horacio Gutierrez as senior executive vice president, general counsel and corporate secretary, effective February 1. He currently owns about $16.6 million in Disney stock, according to Bloomberg data. Stoney Creek Hotel & Conference Center, Broken Arrow, OK -. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The Walt Disney Co. trimmed its longtime general counsel's pay package by roughly 34% last year as the media giant made cutbacks as a result of the coronavirus pandemic. Disney, which this month elevated global deputy chief compliance counsel Alicia Schwarz to senior vice president and chief compliance officer, disclosed the total compensation of its top six executives in an annual proxy statement filed this week. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. Walt Disney Co.'s Alan Braverman was the highest paid general counsel last year, raking in a salary of $1.374 million and a bonus of $5.325 million and outpacing his highest-paid peers whose . Disney will go through the sale process and realize any gains or losses on the sale of the property. Braverman has also been retained for a transition period, according to the same SEC filing and Law360. Despite the big paychecks, the overall total cash compensation for the top 100 general counsel declined nearly 2 percent in 2015. Peltz said hell be running for a board seat. Learn more about a Bloomberg Law subscription. All Rights Reserved. Disney recommends shareholder vote him down. How much does a General Counsel make in Disney, OK? Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. Disney is located at 362839N 95113W / 36.47750N 95.02028W / 36.47750; -95.02028 (36.477501, -95.020272). Salaries & Advice Salary Search Discover your earning potential; . Walt Disney General Counsel Took Big Pay Cut Last Year Alan Braverman and several other top execs at the company agreed to give up sizeable bonuses to help offset losses due to COVID-19. The estimated base pay is $182,208 per year. Disney appointed Richardson, the companys first chief diversity officer and a former lawyer and human resources head at ESPN, to be its top human resources executive last year. Bloomberg data shows that Braverman currently owns almost $19.1 million in Disney stock. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $280,468 look to you? The Walt Disney Co general counsel Alan Braverman, who often ranks among the highest-paid U.S. in-house lawyers, saw his total compensation fall about 33% year-over-year to $9.1 million in. The lawyer is Alan Braverman, who received a pay boost from about $6.7 million in 2014, Corporate Counsel (sub. Gutierrez joins Disney from Spotify, where he has served as Head of Global Affairs and Chief Legal Officer. The Board continued to spend significant time discussing the leadership of the Company in the months that followed and determined that Mr.Chapek was no longer the right person to serve in the CEO role. The population was 311 at the 2010 census. Countries. General Counsel Compensation by Ethnicity (All Companies) He also took a 30% salary cut from April 5 to Aug. 22, dropping his total salary from $1.66 million in 2019 to $1.58 million in fiscal year 2020. It added a few more digs in the proxy, noting that: In deciding not to recommend Mr. Peltz, the directors considered a number of factors, including that despite months of engagement, Mr. Peltz had not, and the Trian Group representatives at the meeting had not, actually presented a single strategic idea for Disney, that their assessment of Disney seemed oblivious to the secular change that had been ongoing in the media industry, as well as the impact of the pandemic on each part of the Companys business from production, to exhibition, to leisure travel.. Walt Disney Co income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. As more law firms announce bonuses, some pay extra for higher hours. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. Thats a total exit payout of potentially $20.4 million. The estimated base pay is $182,038 per year. Disney came out swinging itself in a statement earlier this morning, saying Peltz input would absolutely not be useful. Costfoto/Future Publishing via Getty Images, Walt Disneys Departing Legal Chief Sees 59% Jump in Total Pay, Disney Hires Spotifys Top Lawyer Gutierrez as Legal Chief (2), Disneys Top Lawyer Job Up for Grabs as Longtime Leader Departs, ESPN Elevates Longtime In-House Lawyer to Chief Counsel Role (1), Disneys Longtime Top Lawyer Stepping Down Amid New Legal Hires, Disney Cuts Top Lawyers Pay, Names New Compliance Chief, Disneys Longtime Legal Chief Earned $14 Million in 2019, Neil Young Blasts Spotifys Ek, Goes After Four Big Banks Next, Spotifys CEO Is Deeply Sorry But Wont Drop Joe Rogan, Joe Rogan Apologizes Amid Spotifys Vaccine Controversy (3), Spotify Snags Copyright Office Legal Chief as Public Policy Head, Spotifys Top Lawyer Has Spent Years Making Apple the Bad Guy (2), Former HBO General Counsel Jumps to Spotify, Spotifys GC on Moving from Microsoft to the Music Streaming Service, organizational development and strategic planning, Horacio Gutierrez gets $3.3 million in salary, sign-on bonus, Ex-GC Alan Braverman inks $40,000 per month consulting deal. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Walt Disney's Departing Legal Chief Sees 59% Jump in Total Pay. P.C. The Walt Disney Co., whose stock price soared this week amid better-than-expected financial results, unveiled a pay package for its new law department leader that could see him earn more than $22 million in salary, bonus, and equity awards. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Schwarz, who co-chairs the Disney Lawyers of Color affinity group, disclosed on her LinkedIn profile this month her new role and touted several job openings on her legal and compliance team at the company in Burbank, London, and Washington. Copyright 2023 ALM Global, LLC. Disney said a hird-party vendor purchased the property on the companys behalf in June of 2022 for the same price at which the property was originally purchased. Its story is based on 2015 proxy filings reviewed by ALM Legal Intelligence. The estimated total pay for a Counsel at Walt Disney Company is $222,997 per year. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of General Counsel in Disney, OK. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $279,993 per year. The average General Counsel salary in Disney, OK is $338,390 as of December 27, 2022, but the range typically falls between $282,090 and $408,190. Search more salaries here: Top Division Information Technology Executive, General Counsel Salaries with a JD, MD, PhD or Equivalent, View the Cost of Living in Disney, Oklahoma, Detailed skills and competency reports for specific positions. The lawyer is Alan Braverman, who received a pay boost from about. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. See here for a complete list of exchanges and delays. Get the latest market price for benchmark jobs and jobs in your industry. Hes entiled to $2.5 million in remaining base salary through the end of his original employment agreement, $1.5 million equivalent to a target 2022 bonus, and a buyout of the home he purchased in Southern California when he took the job. For a real-time salary target, tell us more about your role in the four categories below. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Law Firm Partner, Salary estimation for General Counsel at companies like : Getentrepreneurial.com: Resources for Small Business Entrepreneurs in 2022. He previously worked at Microsoft for over seventeen years before moving to Spotify, where he helped argue last year that Apple was an anti-competitive monopoly through their App Store service. Despite its name, it is in no affiliation with .More, Disney, Oklahomaarea prices were up 1.2% from a year agoView the Cost of Living in Disney, Oklahoma, General Counsel Salary in popular cities: Disney employs hundreds of lawyers between it and subsidiaries like ABC Inc., ESPN Inc., Fox Networks Group Inc., Lucasfilm Ltd., Marvel Entertainment LLC, and Pixar Inc. Gutierrez, who joined Spotify in 2016 after 17 years in-house at Microsoft Corp., served as the podcast and streaming audio platforms chief legal officer and head of global affairs. Despite the dip in total compensation, Braverman sold off a sizeable amount of Disney stock last yearnearly $22.9 million worth of his holdings in the company, according to securities filings. Analyze the market and your qualifications to negotiate your salary with confidence. Disney will also pay $1.3 million in annual base salary to Gutierrez, who is eligible for a fiscal year-end bonus of up to $2.6 million, as well as $6.5 million in equity awards. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. In fiscal year 2019, in comparison, his cash bonus totaled about $6.34 million.
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