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 Disney has made several personnel announcements this month, including appointing a new chief counsel for sports media giant ESPN, but as of mid-December had yet to publicly disclose a successor for its legal chief of nearly 19 years. 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. All Rights Reserved. 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. Those individuals include senior executive vice president, general counsel, and corporate secretary Alan Braverman, whose total pay last year dropped to $9.2 million, including nearly $1.6 million in cash and almost $6.9 million in stock awards. The estimated total pay for a Counsel at Walt Disney Company is $222,997 per year. Our Team Account subscription service is for legal teams of four or more attorneys. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. reports. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. Check out the latest Walt Disney Company Jobs. Disney media representatives didnt respond to requests for comment about the change in the compliance chief role or Bravermans future employment status. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. . See if they're hiring! With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. 13 General Counsel jobs available in Walt Disney World Resort, FL on Indeed.com. He is also entitled to $2000 per hour for any hour worked over 20 hours per month during this period. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $279,993 per year. Gutierrez will succeed Disney veteran Alan Braverman who, as announced in July, is retiring after nearly two decades as the Mouse House's general counsel. 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Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications, The Burbank, California-based media and entertainment giant paid. The base pay actually offered will take into account internal equity and also may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors. Job posted 6 hours ago - The Walt Disney Company (Corporate) is hiring now for a Full-Time Associate Principal Counsel - Disneyland Resort in Baldwin Park, CA. The population was 311 at the 2010 census. 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. Boies Schiller deems its higher bonuses 'extraordinary' and 'extra-extraordinary;' top amount is $165K, Some law firms tie in-person work to bonuses and job retention amid demand slowdown. The average salary for a Counsel is $162,080 per year in United States, which is 27% lower than the average Walt Disney Company salary of $222,997 per year for this job. January. View the job description, responsibilities and qualifications for this position. Konstan joined Spotify, which has been grappling this year with controversy related to its popular podcast host Joe Rogan, in 2020 after serving as HBOs general counsel. 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 estimated total pay for a Counsel at Walt Disney Company is $222,643 per year. Disney disclosed a temporary consulting agreement with Braverman dated Jan. 7 that reveals he will be paid $40,000 for up to 20 hours of work each month with an extra $2,000 paid to him for each additional hour of service. Salaries & Advice Salary Search Discover your earning potential; . Horacio Gutierrez's contract will keep him at Disney through at least 2024. How much does a General Counsel make in Disney, OK? The Walt Disney Co. trimmed its longtime general counsels pay package by roughly 34% last year as the media giant made cutbacks as a result of the coronavirus pandemic. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. The Walt Disney Company has hired Horacio Gutierrez as senior executive vice president, general counsel and corporate secretary, effective February 1. Former head of corporate affairs Geoffrey Morell, who was hired in Jan of 2022 and terminated five months later, had a package worth $8.4 million. Proxies lays out pay for a companys highest paid corporate executives. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. The estimated additional pay is $59,548 per year. General Counsel Compensation by Ethnicity (All Companies) Iger earned $1.1 million in base pay; $4.6 million in stock awards; $2.4 million in options awards; $4.34 million for the non-equity incentive plan; and $2.4 million in other compentsation. Source: Wikipedia (as of 04/11/2019). Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Get the latest market price for benchmark jobs and jobs in your industry. Apply to Senior Counsel, Associate General Counsel, General Counsel and more! All quotes delayed a minimum of 15 minutes. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. Braverman announced in July that he would retire at the end of 2021. The compensation package for Horacio Gutirrez, the new General Counsel for The Walt Disney Company, has been revealed through new filings with the Securities & Exchange Commission. 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. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last 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. Walt Disney's Departing Legal Chief Sees 59% Jump in Total Pay. Read more from. Braverman didnt respond to a request for comment about his potential post-Disney plans, succession planning for the legal chief position, or promotion of Schwarz to compliance chief. 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). listeners: [], Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. Average salaries for Walt Disney Company Deputy General Counsel: [salary]. Don't miss the crucial news and insights you need to make informed legal decisions. 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. Statement After UGA Football Player Devin Willock Tragically Dies After Single C Maptician Selected as Finalist in ALM s Legalweek Leaders in Tech Law Awards 202 Mezrano Law Firm Assists Truck Accident Victims in Obtaining The Maximum Compens Alan Braverman's compensation totaled more than $16.6 million last year. Disney is located at 362839N 95113W / 36.47750N 95.02028W / 36.47750; -95.02028 (36.477501, -95.020272). })(); Disney Sued Over Alleged Patent Infringement for Genie and Genie+ Technologies. Total cash compensation includes salary, bonuses and nonequity compensation (which the article defines as a bonus for a reason). The Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. The significant developments and change in the broader macroeconomic environment over this period informed how the Board viewed the appropriate leader in light of the rapidly evolving industry and market dynamics. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. . About Us| For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. Peltz said hell be running for a board seat. 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. 2023 Deadline Hollywood, LLC. Braverman and other executives in Disneys C-suite agreed to take 30% cuts to their base salaries in 2020 as Covid-19 roiled the global economy. He currently owns about $16.6 million in Disney stock, according to Bloomberg data. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Apply today at CareerBuilder! 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. We want to hear from you! The estimated additional pay is $98,430 per year. In fiscal year 2019, in comparison, his cash bonus totaled about $6.34 million. The estimated base pay is $163,261 per year. 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. The estimated base pay is $182,208 per year. See here for a complete list of exchanges and delays. 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. Walt Disney Co. and made about $ 6.34 million Disney Parks news and insights you need to make informed decisions. Values that exist within the 25th and 75th percentile of all pay data available for this role need! 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