disney general counsel salary

May engage and coordinate with outside counsel for certain matters. Disney's top lawyer is best-paid general. Disney, which revealed Wednesday its streaming revenue and theme park performance in a quarterly financial statement, also disclosed an employment agreement with newly hired senior executive vice president, general counsel, and corporate secretary Horacio Gutierrez. 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 Check out the latest Walt Disney Company Jobs. Join Corporate Counsel now! Learn more about a Bloomberg Law subscription. 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. Give us feedback, share a story tip or update, or report an error. 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). How Law Firms Can Offer (and Monetize) The Solutions Clients Need Most, 10 Zen Ways to Manage Cash Flows with Contract Intelligence, Magic Quadrant for Contract Life Cycle Management, 6 Best Practices to Maximize Value From Vendor Contracts, Women, Influence & Power in Law UK Awards 2023, (NEW) EXPERIENCED LITIGATION ASSOCIATE WANTED FOR GROWING MULTI-OFFICE FIRM (Atlanta, GA). His haul included $7 million in nonequity incentive plan compensation, $4.5 million in stock awards, $3.2 million in option awards and a nearly $1.8 million salary. You may also find the annual proxy statement by going directly to the company's website. 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. Disneys consulting agreement with Braverman to transition his duties is set to expire March 1 but can be extended by both parties. Some related job titles areAttorney salaries with median pay of $139,649,Attorney (In-house Counsel) salaries with median pay of $138,774,Lawyer salaries with median pay of $109,542,Senior Counsel salaries with median pay of $256,946. The lawyer is Alan Braverman, who received a pay boost from about. Copyright Office, last summer to be its head of public policy and government affairs. reports. All proxy statements are public filings made available to the general public by the SEC. The Walt Disney Company has hired Horacio Gutierrez as senior executive vice president, general counsel and corporate secretary, effective February 1. Customer Service| Gutierrezs employment agreement with Disney, which expires Dec. 31, 2024, was signed by the companys chief human resources officer Paul Richardson. Its story is based on 2015 proxy filings reviewed by ALM Legal Intelligence. For questions call 1-877-256-2472 or contact us at [emailprotected], How Kirkland and Latham Ruined Lockstep and Caused the Shearman-Hogan Lovells Merger Talks, Concerns Over Layoffs, Expenses, Office Policies Loom Over 2023 Outlook, Latest Shearman Partner Quits Amid Merger Talks, Cravath's Katherine Forrest Departs for Paul Weiss, A Guide to Making Equity at Kirkland & Ellis. Search more salaries here: Top Division Information Technology Executive, General Counsel Salaries with a JD, MD, PhD or Equivalent, View the Cost of Living in Disney, Oklahoma, Detailed skills and competency reports for specific positions. Analyze the market and your qualifications to negotiate your salary with confidence. 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. For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. Walt Disney General Counsel Alan Braverman Collects $16M Pay Package Before Retirement Braverman's total compensation spiked a year after he and other Disney execs agreed to pay cuts as. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . Broken Arrow, OK, Stoney Creek Hotel & Conference Center, Broken Arrow, OK - Ex-lawyer who claimed wrongs by 'bar card lynch mob' charged with stabbing targeted attorney, How lawyers can pursue a 'wonderful life', Lawyer digs into big data for new legal thriller 'Code 6'. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Head of litigation for the world's largest manufacturer of furniture, with more than $7.5 billion in revenue, 1,000 physical locations, and 35,000 employees. Law Offices of Gary Martin Hays & Associates All Rights Reserved. Compensation data tools, salary structures, surveys and benchmarks. The Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. Gutierrez, a former top lawyer at Spotify Technology SA, started Feb. 1 as Disneys law department leader. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. ESPN also promoted former assistant chief counsel Rosetta Ellis-Pilie to be its vice president of talent development and negotiations as of May 1, 2021. The value of Gutierrezs total remuneration package contingent on a range of factors being realized by the companys new legal chief. Site Map, Advertise| Iger stepped down as CEO in Feb. of 2020 to become executive chairman. The estimated total pay for a Associate Principal Counsel at Walt Disney Company is $267,047 per year. Contact Us| The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. Copyright 2023 American Bar Association. The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. Gutierrez was not one of Spotifys five highest-paid executives in 2021, according to a securities filing by the company earlier this month. Additionally, he is entitled to an annual incentive bonus of 200% of his salary, and an annual equity award worth 500% of his annual salary, according to Law360. All quotes delayed a minimum of 15 minutes. Apply to Senior Counsel, Associate General Counsel, General Counsel and more! Despite the dip in total compensation, Braverman sold off a sizeable amount of Disney stock last yearnearly $22.9 million worth of his holdings in the company, according to securities filings. Pay package for retiring general counsel an increase over 2020. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Receive small business resources and advice about entrepreneurial info, home based business, business franchises and startup opportunities for entrepreneurs. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. } 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. Additional pay could include bonus, stock, commission, profit sharing or tips. Former Disney chief executive Bob Chapek earned $24 million in fiscal 2022, down sharply from $32 million the year before, the company revealed in its proxy Tuesday. 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. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. The estimated base pay is $163,261 per year. Typically reports to CEO. He is also entitled to $2000 per hour for any hour worked over 20 hours per month during this period. Disneys most recent proxy states that Braverman is now in the final year of his employment agreement, which is set to expire Dec. 31, 2021. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. Despite its name, it is in no affiliation with the Walt Disney Company or Walt Disney himself. Countries. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. ); 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. 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. Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. Don't miss the crucial news and insights you need to make informed legal decisions. See here for a complete list of exchanges and delays. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. All Rights Reserved. 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. Walt Disney Co income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Copyright 2023 ALM Global, LLC. For its 2020 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. })(); Disney Sued Over Alleged Patent Infringement for Genie and Genie+ Technologies. Thats a total exit payout of potentially $20.4 million. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. The estimated base pay is $163,094 per year. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. NEWS. Disney is a town in Mayes County, Oklahoma, United States. } Not a Bloomberg Law Subscriber?Subscribe Now. Executes multiple high impact initiatives to achieve overall corporate goals. 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. 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. It added a few more digs in the proxy, noting that: In deciding not to recommend Mr. Peltz, the directors considered a number of factors, including that despite months of engagement, Mr. Peltz had not, and the Trian Group representatives at the meeting had not, actually presented a single strategic idea for Disney, that their assessment of Disney seemed oblivious to the secular change that had been ongoing in the media industry, as well as the impact of the pandemic on each part of the Companys business from production, to exhibition, to leisure travel..
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