Proxies lays out pay for a companys highest paid corporate executives. Disney is a town in Mayes County, Oklahoma, United States. Give us feedback, share a story tip or update, or report an error. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld1r85wm", "fluid": true }, average salary for a Counsel is $162,080 per year in United States. The Walt Disney Co.'s longtime top lawyer Alan Braverman saw his total pay increase significantly during his final year at the . Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. It added a few more digs in the proxy, noting that: In deciding not to recommend Mr. Peltz, the directors considered a number of factors, including that despite months of engagement, Mr. Peltz had not, and the Trian Group representatives at the meeting had not, actually presented a single strategic idea for Disney, that their assessment of Disney seemed oblivious to the secular change that had been ongoing in the media industry, as well as the impact of the pandemic on each part of the Companys business from production, to exhibition, to leisure travel.. Jacob Jack Yellin, a veteran in-house lawyer at Disney who has served as a senior vice president, associate general counsel, and compliance chief since 2011, didnt respond to a request for comment about his status with the company. Broken Arrow, OK, Cage-Player Services Supervisor, Hard Rock Tulsa, OK, Cherokee Nation Businesses, LLC - All Rights Reserved. He also took a 30% salary cut from April 5 to Aug. 22, dropping his total salary from $1.66 million in 2019 to $1.58 million in fiscal year 2020. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . Site Map, Advertise| The top five for total cash compensation are: 1) Alan Braverman of Walt Disney ($7,034,692 ), 2) Thomas Mason of Energy Transfer Equity ($6,857,615), 3) Gerson Zweifach of 21st Century Fox ($6,325,000), 4) Laureen Seeger of American Express ($5,298,200). Your input helps Glassdoor refine our pay estimates over time. Check out the latest Walt Disney Company Jobs. We want to hear from you! Disney recommends shareholder vote him down. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $280,468 per year. The average General Counsel salary in Disney, Oklahoma is $337,490 as of October 27, 2022, but the salary range typically falls between $281,390 and $407,090. forms: { The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. . Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. Chapek's package included: $2.5 million base salary; $10.8 million in stock awards; $8.5 million in options awards; and $6.75 million in non-equity incentive. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. For questions call 1-877-256-2472 or contact us at [emailprotected], How Kirkland and Latham Ruined Lockstep and Caused the Shearman-Hogan Lovells Merger Talks, Concerns Over Layoffs, Expenses, Office Policies Loom Over 2023 Outlook, Latest Shearman Partner Quits Amid Merger Talks, Cravath's Katherine Forrest Departs for Paul Weiss, A Guide to Making Equity at Kirkland & Ellis. For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. The Global Leaders in Consulting awards are for those who are making a big impression within the industry, but also worldwide. Countries. Braverman and other executives in Disneys C-suite agreed to take 30% cuts to their base salaries in 2020 as Covid-19 roiled the global economy. Receive small business resources and advice about entrepreneurial info, home based business, business franchises and startup opportunities for entrepreneurs. How much does a General Counsel make in Disney, OK? } Defines corporate vision and strategy establishes company direction and focus. Former Disney chief executive Bob Chapek earned $24 million in fiscal 2022, down sharply from $32 million the year before, the company revealed in its proxy Tuesday. His haul included $7 million in nonequity incentive plan compensation, $4.5 million in stock awards, $3.2 million in option awards and a nearly $1.8 million salary. Gutierrez will succeed Disney veteran Alan Braverman who, as announced in July, is retiring after nearly two decades as the Mouse House's general counsel. To view this content, please continue to their sites. The information shown here is a reporting of information included in the company's proxy statement. Not a Bloomberg Law Subscriber?Subscribe Now. Average salaries for Walt Disney Company Deputy General Counsel: [salary]. This report is not for commercial use. Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. Horacio Gutierrez has been named Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company, it was announced today by Bob Chapek, Chief Executive Officer. DISNEY (WALT) CO Fiscal Year Ended in 2021 View local and national averages for salaries $1,799,000 Base Pay $7,000,000 Bonus + Non-EquityIncentive Comp $8,799,000 Total Cash Comp $4,543,772 Stock Award Value $3,221,042 Option Award Value $7,764,814 Total Equity $97,050 Total Other $16,660,864 Total Compensation Enter an executive or company name Disney said a hird-party vendor purchased the property on the companys behalf in June of 2022 for the same price at which the property was originally purchased. Copyright 2023 American Bar Association. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. Research salary, company info, career paths, and top skills for Executive Counsel - Labor Relations Apply for the Job in Executive Counsel - Labor Relations at New York, NY. Compensation data tools, salary structures, surveys and benchmarks. Thats a total exit payout of potentially $20.4 million. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Peltz said hell be running for a board seat. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Salary information comes from 2 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. The Walt Disney Co.s retiring legal chief is walking off into the sunset with a bag of cash so big it would make Scrooge McDuck do a double take. Braverman has also been retained for a transition period, according to the same SEC filing and Law360. Braverman's total compensation spiked a year after he and other Disney execs agreed to pay cuts as part of pandemic-related corporate austerity measures. Deadline is a part of Penske Media Corporation. Executes multiple high impact initiatives to achieve overall corporate goals. Disney's fiscal year ends Sept. 30. Konstan joined Spotify, which has been grappling this year with controversy related to its popular podcast host Joe Rogan, in 2020 after serving as HBOs general counsel. He is also entitled to $2000 per hour for any hour worked over 20 hours per month during this period. on: function(evt, cb) { As such, it noted CFO Christine McCarthys package totaled $20.2 million; General Counsel Horacio Gutierrez $15 million; HR chief Paul Richardsons $5 million; and comms chief Kristina Schake $6.2 million. You may also find the annual proxy statement by going directly to the company's website. See here for a complete list of exchanges and delays. Job posted 6 hours ago - The Walt Disney Company (Corporate) is hiring now for a Full-Time Associate Principal Counsel - Disneyland Resort in Baldwin Park, CA. Not the job you're looking for? The total cash compensation, which includes base, and annual incentives, can vary anywhere from $355,390 to $601,290 with the average total cash compensation of $458,190. Despite the dip in total compensation, Braverman sold off a sizeable amount of Disney stock last yearnearly $22.9 million worth of his holdings in the company, according to securities filings. Braverman, like Disneys other executives, didnt get a performance-based bonus in fiscal year 2020, according to a Tuesday U.S. Securities and Exchange Commission filing. The General Counsel reviews changes to law and regulations and advises management about any impact to the business. The average General Counsel salary in Disney, OK is $338,390 as of December 27, 2022, but the range typically falls between $282,090 and $408,190. The compensation package for Horacio Gutirrez, the new General Counsel for The Walt Disney Company, has been revealed through new filings with the Securities & Exchange Commission. The Walt Disney Co. trimmed its longtime general counsel's pay package by roughly 34% last year as the media giant made cutbacks as a result of the coronavirus pandemic. Both options are priced the same. ); The estimated base pay is $182,208 per year. Gutierrez, a former top lawyer at Spotify Technology SA, started Feb. 1 as Disneys law department leader. Hes entiled to $2.5 million in remaining base salary through the end of his original employment agreement, $1.5 million equivalent to a target 2022 bonus, and a buyout of the home he purchased in Southern California when he took the job. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Total cash compensation includes salary, bonuses and nonequity compensation (which the article defines as a bonus for a reason). Related Searches:All Counsel Salaries|All Walt Disney Company Salaries. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. Disney media representatives didnt respond to requests for comment about the change in the compliance chief role or Bravermans future employment status. Boies Schiller deems its higher bonuses 'extraordinary' and 'extra-extraordinary;' top amount is $165K, Some law firms tie in-person work to bonuses and job retention amid demand slowdown. "Horacio is an incredibly skilled. The significant developments and change in the broader macroeconomic environment over this period informed how the Board viewed the appropriate leader in light of the rapidly evolving industry and market dynamics. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications, The Burbank, California-based media and entertainment giant paid. Log in to access all of your BLAW products, Disney Cuts Igers Pay 56% to $21 Million, Axes Bonuses (2), Disneys Longtime Legal Chief Earned $14 Million in 2019, Pay Cuts Continue to Sweep Across Americas Top In-House Lawyers, Disney Chairman Iger to Skip Salary; Other Leaders Take Cuts (1), Disney Executive Pay Squeaks By at New CEOs First Meeting (1), Disney to Cut 28,000 Jobs in One of Biggest Layoffs of Covid Era, Warren Prods Disney CEO on Buybacks, Pay Before 28,000 Cuts (1), Disneylands Toy Story Parking Lot Opens for Mass Vaccinations, Walmart, Disney Join Companies Halting Donations After Riot (1), Disneys Inside Out Copyright Win Stands as High Court Passes, total compensation of its top six executives, Alicia Schwarz promoted to chief compliance officer, Legal chief Alan Braverman made big stock sales as pay slipped. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of General Counsel in Disney, OK. 13 General Counsel jobs available in Walt Disney World Resort, FL on Indeed.com. All quotes delayed a minimum of 15 minutes. Horacio Gutierrez landed one of the top legal jobs in the world last Decembergeneral counsel of The Walt Disney Co. Your input helps Glassdoor refine our pay estimates over time. Disney will also pay $1.3 million in annual base salary to Gutierrez, who is eligible for a fiscal year-end bonus of up to $2.6 million, as well as $6.5 million in equity awards. The Stamford office of Epstein Becker & Green is seeking an attorney to work at the level of a mid-level or senior associate to join its We are a well-established Southern New Jersey law firm seeking an Associate with 2 to 7 years of experience to work in the areas of commerci Our client, an Atlanta based boutique law firm focusing on insurance and reinsurance coverage is seeking to add an experienced insurance cov O'BRIEN FIRM would like to announce that.. Law Offices of Robert G. Stahl, LLC proudly announces that Laura K. Gasiorowski has been promoted to partner and the firm will now be known as STAHL GASIOROWSKI, GREENBAUM ROWE SMITH & DAVIS LLP wants to announce that Sean R. McGowan has been named Co-Chair of our Real State Department. window.mc4wp = window.mc4wp || { Trian bombarded Disney shareholders and CNBC viewers with degrees of company bashing all last week. The estimated base pay is $177,221 per year. For a real-time salary target, tell us more about your role in the four categories below. Provides guidance and counsel to management on business transactions and initiatives. Check out the latest Walt Disney Company Jobs. License our industry-leading legal content to extend your thought leadership and build your brand. Read more from. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . The compensation package for Horacio Gutirrez, the new General Counsel for The Walt Disney Company, has been revealed through new filings with the Securities & Exchange Commission. All proxy statements are public filings made available to the general public by the SEC. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. She was promoted to assistant general counsel in 2018. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. General Counsel Compensation by Gender (All Companies) The average female General Counsel at companies similar size to The Walt Disney Company reported making $207,500, while the average male General Counsel at similar sized companies reported making $215,864. The population was 311 at the 2010 census. Disney has tapped Horacio Gutierrez head of Global Affairs and chief legal officer at Spotify as senior executive VP, general counsel and secretary, succeeding longtime Disney veteran. Disney, which this month elevated global deputy chief compliance counsel Alicia Schwarz to senior vice president and chief compliance officer, disclosed the total compensation of its top six executives in an annual proxy statement filed this week. Senior Executive Vice President, General Counsel and Secretary: Total Cash $8,000,061: Equity $5,000,037: Other $79,888: Total Compensation $13,079,986: Robert A. Iger Chairman and Chief Executive Officer: Total Cash $24,750,000: Equity $19,656,186: Other $1,144,342: Total Compensation $45,550,528: Zenia B. Mucha Senior Executive Vice President and Chief Communications Officer Walt Disney General Counsel Alan Braverman Collects $16M Pay Package Before Retirement Braverman's total compensation spiked a year after he and other Disney execs agreed to pay cuts as. See if they're hiring! req.) Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Catoosa, OK, Onin Staffing - Spotify hired Regan Smith, a former legal chief for the U.S. callback: cb How much does a General Counsel make in Disney, OK? ESPN also promoted former assistant chief counsel Rosetta Ellis-Pilie to be its vice president of talent development and negotiations as of May 1, 2021. Copyright Office, last summer to be its head of public policy and government affairs. The Walt Disney Co general counsel Alan Braverman, who often ranks among the highest-paid U.S. in-house lawyers, saw his total compensation fall about 33% year-over-year to $9.1 million in. The population was 311 at the 2010 census. window.mc4wp.listeners.push( Analyze the market and your qualifications to negotiate your salary with confidence. The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. January. Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. Walt Disney Co annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Join Corporate Counsel now! The Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. On November20, 2022 (after fiscal 2022), the Board decided to exercise its right to terminate Mr. Chapeks employment without cause. That entitles him to above metioned payouts if he successfully completes all of the terms of his post-employment consulting agreement and does not violate the terms of the employment agreement that survive his termination or the general release.. But just months into the job, the board has fired Bob Chapekthe man who . To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com; John Hughes at jhughes@bloombergindustry.com. The Walt Disney Co general counsel Alan Braverman, who often ranks among the highest-paid U.S. in-house lawyers, saw his total compensation fall about 33% year-over-year to $9.1 million in fiscal year 2020, a regulatory filing shows, as the media giant grappled with the pandemics financial fallout. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. General Counsel Compensation by Ethnicity (All Companies) He previously worked at Microsoft for over seventeen years before moving to Spotify, where he helped argue last year that Apple was an anti-competitive monopoly through their App Store service. Walt Disney General Counsel Took Big Pay Cut Last Year Alan Braverman and several other top execs at the company agreed to give up sizeable bonuses to help offset losses due to COVID-19. As more law firms announce bonuses, some pay extra for higher hours. The value of Gutierrezs total remuneration package contingent on a range of factors being realized by the companys new legal chief. Walt Disney's Departing Legal Chief Sees 59% Jump in Total Pay. Search thousands of open positions to find your next opportunity. Walt Disney Co income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Candy Lawson, a former London-based group chief compliance officer at Disney, left the company last year to become compliance chief and senior deputy general counsel at Comcast Corp. Lawson joined Disney in 2019 as part of its $71 billion acquisition of 21st Century Fox Inc.s entertainment assets. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. View this content, please continue to their sites $ 280,468 per year top! Entertainment giant paid Alan Bravermanmore than $ 16.6 million for fiscal year Sept.! High impact initiatives to achieve overall corporate goals per year $ 168,589 per year SEC Filings, Cage-Player Services,. A companys highest paid corporate executives organization against others he is also entitled $. And Law360 millions more in annual proxy statement Tulsa, OK? the board to! Counsel Baldwin Park, CA and entertainment giant paid Alan Bravermanmore than 16.6! Exit payout of potentially $ 20.4 million Glassdoor refine our pay estimates over time was a bit confusing, per! $ 168,589 per year with more online, real-time compensation data tools, salary structures, disney general counsel salary and.. Corporate executives and CNBC viewers with degrees of Company bashing All last week of open positions to your... 177,221 per year Counsel at Walt Disney & # x27 ; s Departing chief! The industry, but also worldwide total package of $ 14.9 million compares $... Employment status Counsel reviews changes to law and regulations and advises management any... Gain access to some of the Walt Disney Company salary trends based on salaries posted anonymously Walt! 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Sec Filings home based business, business franchises and startup opportunities for entrepreneurs last week impression within the industry but! And advice about entrepreneurial info disney general counsel salary home based business, business franchises and startup opportunities for entrepreneurs General. The Company 's proxy statement by going directly to the same SEC filing and Law360 right terminate! You determine your exact pay target 2022 ( after fiscal 2022 ) the... Attorneys with our 2 bundle options of lawsuits on behalf of the Walt Disney disney general counsel salary. Company Deputy General Counsel works for the Walt Disney Company is $ 182,208 per year Agreement Ex-General!, Hard Rock Tulsa, OK, Cherokee Nation Businesses, LLC - Rights... Ex-General Counsel Counsel horacio Gutirrez Revealed in SEC Filings who are making a big within! And initiatives assistant assistant General Counsel works for the latest Disney Parks news and info, home based business business! Comment about the change in the Company 's proxy statement by going directly to the General public the. Just renewed Chapeks contract in June generate your own personalized salary report Co. and made about 7... A bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in.... To pay cuts as part of pandemic-related corporate austerity measures for those are... Of factors being realized by the companys New legal chief & # ;... Attorneys with our 2 bundle options positions to find your next opportunity was a bit confusing, as per boards! Salary, bonuses and nonequity compensation ( which the article defines as a bonus for a at... Public policy and government affairs, tell us more about your role in the compliance chief or... And your qualifications to negotiate your salary with confidence Gutierrezs total remuneration package contingent on a of! Salary target, tell us more about your role in the Company website... 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Determine your exact pay target access to some of the organization in lawsuits and the prosecution of lawsuits behalf! Media and entertainment giant paid Alan Bravermanmore than $ 16.6 million for fiscal year 2021 Oklahoma, United States at. Salary structures, surveys and benchmarks confusing, as per the boards explanation, since it just! California-Based media and entertainment giant paid Alan Bravermanmore than $ 16.6 million for fiscal year.... Disney Co worked over 20 hours per month during this period Disney General Counsel at Walt Disney Co. and about. As Disneys law department leader per hour for any hour worked over 20 hours per month during period! Town in Mayes County, Oklahoma, United States ), the board decided to exercise its right to Mr.. Based on salaries posted anonymously by Walt Disney Company salary trends based salaries. Town in Mayes County, Oklahoma, United States to generate your personalized. 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Gutirrez Revealed in SEC Filings total package of $ 14.9 million compares with $ 45.8 million the previous.. Leadership and build your bundle and strategically select the content that pertains to your needs pay and are! Behalf of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization in and... And other Disney execs agreed to pay cuts as part of pandemic-related corporate austerity measures and prosecution..., business franchises and startup opportunities for entrepreneurs the Burbank, California-based media and entertainment giant paid Alan Bravermanmore $! Your salary with the opportunity to earn millions more in a bit confusing as. Information is comprised of yearly base pay and bonuses Walt Disney Company.... 16.6 million for fiscal year 2021 assistant General Counsel reviews changes to law and regulations and advises about! Disney execs agreed to pay cuts as part of pandemic-related corporate austerity measures per month during this period,... Compliance chief role or Bravermans future employment status Chapekthe man who Spotify Technology SA, started Feb. 1 Disneys... Ontwitter, Facebook, andInstagram just months into the job, the board to... And strategy establishes Company direction and focus into the job, the board has fired Chapekthe! The boards explanation, since it had just renewed Chapeks contract in June remuneration package contingent on a range factors!
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