Walt Disney Co. reported Friday that Chief Executive Robert Iger was awarded total compensation of $30.6 million last year, up 11% from 2007.
Steve Jobs, Disney's biggest shareholder, is up for reelection to the board, the Burbank-based media company said in a regulatory filing. Jobs announced this week he's taking a medical leave from Apple Inc. for the first half of this year.
Iger's salary was unchanged at $2 million. Net income at Disney, the second-largest U.S. media company, fell 5.5% last year as the recession cut profit at theme parks and the film studio produced fewer movies. Revenue gained 6.6% to $37.8 billion.
Since taking over as CEO in October 2005, Iger, 57, has expanded popular cable-television shows such as "Hannah Montana" and "High School Musical" to theaters and the company's theme parks to increase Disney's overall sales.