MUMBAI: Can you guess how much Bob Iger was rewarded for being a part of the decision making during the $10-odd billion Reliance-Viacom18-Disney Star India joint venture called JioStar? Not just for that monumental merger but also for the strategic leadership decisions he made throughout 2024?
He received an impressive 30 per cent pay rise, taking home a staggering $41.1 million – equivalent to a cool ?350 crore. Around Rs 1 crore a day if you round up figures. Now, that’s some serious money!
Breaking it down, Iger’s remuneration included $18.3 million in stock awards, $12 million in option awards, $7.2 million in bonuses, and an additional $2.1 million in other forms of compensation, as disclosed in regulatory filings with the United States Securities and Exchange Commission (SEC).
For comparison, his income in 2023, stood at $31.6 million. It’s clear that 2024 brought a significant boost to his financial rewards.
Guarding the so-called "Mouse House" truly seems to pay dividends, and Iger’s leadership continues to demonstrate why he is one of the most influential executives in the media and entertainment industry.