Robert Iger, the chairman and chief executive of the Walt Disney Co., saw his compensation package drop last year.
Iger, 62, received total compensation of $34.3 million for the 2013 fiscal year that ended Sept. 28, down about 15% from the previous year as his bonus and pension gains declined.
The Disney chief's base salary was $2.5 million. His $13.6 million bonus for the year was down just under $3 million. In 2012, he had a bonus of $16.5 million. Iger's total compensation also included $8.8 million in Disney stock awards and $8.47 million in options, plus about $968,000 in other compensation.
The vast majority of Iger's pay is tied to Disney's financial performance. While Disney had a strong year, Iger's bonus decreased by about $3 million because Disney did not outperform its own expectations by as much as in 2012, the company said in its filing with the Securities and Exchange Commission. Also, the reported value of his pension declined.