Disney Cuts Iger's Future Pay by Millions

Disney is under pressure from corporate governance to address pay issues after shareholders rejected the pay proposal at the last annual meeting. This year, major proxy advisory firms recommended investors vote against the proposal again. Disney is also scrutinized for its succession plans, with Bob Iger set to remain CEO until the end of 2024, raising questions about future leadership.

What unusual event occurred at Disney's last annual meeting regarding executive pay?

• Shareholders approved the pay proposal.

• Shareholders rejected the 'say on pay' proposal.

• The proposal was not presented.

• The meeting was canceled.

What action did major proxy advisory firms recommend to investors regarding Disney's pay proposal this year?

• To ignore the proposal.

• To support the proposal.

• To abstain from voting.

• To vote against the proposal.

What is a significant ongoing issue at Disney mentioned in the video?

• Marketing strategies.

• International expansion.

• Succession planning.

• Product development.

Until when is Bob Iger scheduled to remain in his position at Disney?

• End of 2024.

• End of 2025.

• End of 2023.

• End of 2026.

What is expected to happen before Bob Iger's departure from Disney?

• A major acquisition.

• Identification of a successor.

• A change in company logo.

• A new product launch.