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The $ 65.6 million compensation paid by the Disney CEO in fiscal year 2018 is a "foolish" level of compensation, according to the heiress of Abigail Disney, the granddaughter of co-founder Roy Disney .
Speaking at the roundtable held during the Fast Company Impact Council, Disney said an excessive pay gap between top US executives and their employees had "had a corrosive effect on the company." ". The social activist and filmmaker noted that Iger could have given 15% increase to every Disneyland employee and $ 10 million.
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"Leave me [be] very clear. I love Bob Iger. I do not speak for my family, but only for myself, "Disney later wrote on Twitter. "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 ".
According to a study by Equilar, Iger earned 1,424 times more than Disney median employee last year. In recent years, the company has been criticized for its salary policies at Disneyland and other theme parks.
Iger's compensation of $ 65.6 million was largely tied to share awards following Disney's acquisition of the Fox television and film assets, which closed earlier this year. .
"Disney has made historic investments to increase the revenue potential and upward mobility of our workers, by applying a starting hourly wage of $ 15 at Disneyland, double the federal minimum wage, and hiring up to $ 30. 150 million USD in an innovative training initiative offering our employees the opportunity to obtain a college or vocational degree completely free, "said the company in a statement to Fast Company.
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Disney's heiress refused to specify the size of his legacy, but told The Cut earlier this year that she "could be a billionaire if I wanted to become a billionaire". Disney has reported donating about $ 70 million to charity over the past three years. for decades and is a strong advocate of tax increases for the rich.
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