Bob Chapek Likely Leaves Disney With at Least $23 Million (1)

Bob Chapek leaves Walt Disney Co.’s top job with exit payments and benefits that could be worth more than $23 million. That’s without including the millions more he could collect in the coming years if the company’s share price recovers.

The amount is based on calculations by Bloomberg News using disclosures from regulatory filings. Disney hasn’t yet publicly disclosed the financial terms of the chief executive officer’s departure, and a representative didn’t respond to a request for comment sent outside normal business hours.

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Chapek’s contract entitles him to ...