The Walt Disney Co., whose stock price soared this week amid better-than-expected financial results, unveiled a pay package for its new law department leader that could see him earn more than $22 million in salary, bonus, and equity awards.
Disney, which revealed Wednesday its streaming revenue and theme park performance in a quarterly financial statement, also disclosed an employment agreement with newly hired senior executive vice president, general counsel, and corporate secretary Horacio Gutierrez.
Gutierrez, a former top lawyer at Spotify Technology SA, started Feb. 1 as Disney’s law department leader. He received a $2 million sign-on bonus to join ...
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