Special Report: Understanding out-of-control CEO pay and why it s a problem

Get the Full StoryCan unions, shareholders, and politicians start to rein in spiraling executive pay packages?

In July of 2023, right before the start of the actors strike and more than two months into the Hollywood writers strike, Disney CEO Bob Iger was attending investment firm Allen & Company s annual Sun Valley Conference, an event known as summer camp for billionaires. It was there the same day it was announced that his contract with Disney would be extended two years, the terms of which gave him the opportunity to receive an annual incentive bonus five times that of his base salary that he called the writers and actors expectations for their contracts not realistic. Read Full Story

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