Disney Set Iger $10 Million Consulting Fee While Chapek Was CEO

The Walt Disney Co. paid Bob Iger $2 million a year in consulting fees during the period he was replaced by Chief Executive Officer Bob Chapek, before his shock return to that role on Sunday.

Quarterly payments of $500,000 for as many as five years were for Disney “to have access to Mr. Iger’s unique skills, knowledge and experience with regard to the media and entertainment business” following his apparent retirement beginning at the end of 2021, according to a regulatory filing
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Bob Iger

Photographer: Tiffany Hagler-Geard/Bloomberg

Disney also paid security costs for him valued at $745,222 last year, according to ...