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January 06, 2005
Disney Pays Eisner $8.3 Million
It costs Disney plenty to keep the Magic Kingdom safe for Michael Eisner. The company revealed Thursday that it spent $735,000 in its latest fiscal year on security systems, security advice and personal protection services for CEO Eisner. By comparison, Eisner received a base salary of $1 million in the fiscal year ended Sept. 30, and was awarded a cash bonus of $7.3 million. Disney also said Thursday that it spent more than $470,000 in the fiscal year ended Sept. 30 on similar protection for Robert Iger, Disney's chief operating officer and the only internal candidate in the running to succeed Eisner.