Abigail Disney declares Bob Iger's pay "insane" and addresses Disney pay disparities – Deadline



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Given the success and all the news about Disney, it's no secret that Mouse House CEO Bob Iger is well paid. In 2018, he got an increase – not an increase, normal humans would not be satisfied. His compensation increased by 80% to $ 65.6 million. That said, Abigail Disney came forward and said that this paycheck is "foolish".

Disney recently touched on this topic at the first annual meeting of the Fast Company Impact Council last week. Howard W. Buffett, associate professor at Columbia University, and Lady Lynn Forester de Rothschild, founder and director of the Coalition for Inclusive Capitalism. They discussed the practice of "human capitalism" and Disney shared his ideas about Iger.

A study by Equilar found that Iger's pay was 1,424 times greater than that of Disney's median employee. according to Quick business, Disney said at the event: "I love Bob Iger. Let's be clear: I think he's a good man. But I think he allows himself to take a path that everyone borrows. She continued, "When he received his bonus last year, I did the math and I realized that he could have personally given, out of his pocket, an increase of 15% to all the people who worked at Disneyland, without touching $ 10 million. . So there is a point where there are too many problems affecting the system, of this category of people who – I'm sorry, this is radical – have too much money. There is such a thing. "

Disney has been outspoken on social responsibility and the like. She is also a member of Patriotic Millionaires, which advocates higher taxes for the rich. In a long discussion thread on Twitter, she continued her reflections on Iger's salary and salary disparities within the Disney system.

"Let me be very clear. I love Bob Iger. I do not speak for my family, but only for myself, "she wrote. "Apart from owning shares (not a lot), I do not have any more say in what's going on there than anyone else. But, irrespective of the objective measure, a salary ratio greater than one thousand is insane ".

She adds, "To dismiss critics on low pay, you pay the company 's workers saying that you pay more than the federal minimum wage and that you offer educational opportunities," he said. is a dodge. We all know that the federal minimum is too low to live. So why should we, in a company more profitable than ever, pay anything as close as the law allows? "

Disney repeats that Iger has done great things with society, but wonders why society does not transfer profits to other people than those at the top. She continues to unload a lot of salary information and Disney. Read the tweets below.

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