Disney CEO Iger's 2008 compensation: $51.1M

ericpabear · Airport Utility Worker Joined: Nov 14, 2005 Posts: 200

http://finance.yahoo.com/news/Disney-CEO-Igers-2008-apf-14090215.html

This made me think of Aerosmth

Aerosmith Livin' on the Edge Lyrics:
There's somethin' wrong
with the world today
I don't know what it is
Something's wrong with our eyes...

There is more to the song, but this kinda sums up my feeling on this subject.

WDWFan · Pilot Joined: Mar 01, 2006 Posts: 10863

The entire CEO compensation system is broken. I don't care how hard the decisions are, is anyone worth 51 million a year?

Not in my opinion. I'm not sure if this is a case of "get what you can before they fire you" or if these folks think they are worth this.

Almost as bad as sports players...

GrumpyDaddy · Posted: Tue Jan 20, 2009 5:52 am Post subject:

No one is worth that kind of money. Rolling Eyes

If they were so great that they were deserving of that kind of money they would
run for President and fix the world. Then, MAYBE, they would be worth that kind
of money. Maybe!

daveypoo · Posted: Tue Jan 20, 2009 6:24 am Post subject:

What a company chooses to pay their top executives is up to them, but...

When a company is hurting and loosing money, why layoff from the lower ranks, the ones who actually make the company run. Take it from the executives pay. Honestly, if someone makes over $50,000,000 a year, do you honestly think he'd miss a years pay?

Oh, and would you want to bet that they are going to get bonuses too?!?!?!
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ericpabear · Airport Utility Worker Joined: Nov 14, 2005 Posts: 200

daveypoo · Posted: Tue Jan 20, 2009 11:13 am Post subject:

kmiller15211 · Posted: Tue Jan 20, 2009 5:24 pm Post subject:

With that much money, you could probably staff all three theme parks for a month. There isn't any way that these CEOs are worth the money. It's totally nuts.

jbohn · Posted: Wed Jan 21, 2009 6:14 pm Post subject:

I'll do the job for a mere $1M.

GrumpyDaddy · Posted: Thu Jan 22, 2009 4:42 am Post subject:

Where I work if profit is not met the bonuses for Managers and Executive
are the first this to go.

The problem is the people getting the bonuses are the people voting on weather
or not to give the bonuses out. Rolling Eyes

redbaron314 · Posted: Thu Jan 22, 2009 8:21 am Post subject:

here's a better idea drop his pay then drop entrances fees down more people would go into the parks more money made problem solved!!!! Cause if you have to away free nights for someone to stay on property your too expensive sorry
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daguru · Posted: Thu Jan 22, 2009 10:35 am Post subject:

Disney is able to pay his bonus from the wages of the 619 Managers/Executives they are trying to dump...
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DylansDisneyDad · Posted: Thu Jan 22, 2009 2:01 pm Post subject:

I think Walt would be freaking out right about now!