Disney CEO Bob Iger is getting more activist investor heat because of the stock slump

Disney CEO Bob Iger Increases Pay To $31.6M As Company Plummets After Ruinous Year. Seven of its eight major theatrical releases underperformed at the box office, losing more than $400 million. Disney slashed more than 8,000 jobs in 2023.

Disney CEO Bob Iger raked in nearly $31.6 million in 2023, more than double what he made the year before. The news is reportedly hurting morale at the company, especially at ABC. Iger's pay package reportedly hurts morale at Disney, especially ABC.

Disney releases first-quarter results on Wednesday afternoon. Activist investors have continued to push the company. The company is set to release its first quarter results on Thursday afternoon. Disney is expected to release the results in the early hours of the morning on Wednesday morning. It is the latest in a series of high-profile issues with the company's stock price.