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Disney Shareholders Rejected CEO Pay Plan: What’s Next?

Rachel Gunter
Updated
Disney Shareholders Rejected CEO Pay Plan: What’s Next?

Walt Disney (DIS) shareholders rejected an executive compensation proposal during the company’s annual shareholder meeting on March 8, which was a rare split between investors and Disney leadership. About 52% of the votes cast during the meeting disagreed with Disney on new pay packages for its chief executive officer Robert Iger. In December, Disney struck a deal to buy most of Twenty-First Century Fox’s (FOX) (FOXA) assets for $52.4 billion.

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