Iger stepped down as CEO in Feb. of 2020 to become executive chairman. Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Broken Arrow, OK, Stoney Creek Hotel & Conference Center, Broken Arrow, OK -
forms: { Braverman earned more than $13.7 million from Disney in 2019. Search more salaries here: Top Division Information Technology Executive, General Counsel Salaries with a JD, MD, PhD or Equivalent, View the Cost of Living in Disney, Oklahoma, Detailed skills and competency reports for specific positions. window.mc4wp = window.mc4wp || { Disney is a town in Mayes County, Oklahoma, United States. The General Counsel reviews changes to law and regulations and advises management about any impact to the business. The population was 311 at the 2010 census. The Board therefore concluded that, as Disney embarks on an increasingly complex period of industry transformation, Mr.Iger is best situated to lead the Company while an appropriate longer-term successor is identified. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. The estimated base pay is $128,769 per year. General Counsel Compensation by Ethnicity (All Companies) Disney disclosed a temporary consulting agreement with Braverman dated Jan. 7 that reveals he will be paid $40,000 for up to 20 hours of work each month with an extra $2,000 paid to him for each additional hour of service. https://www.law.com/corpcounsel/2022/01/20/walt-disney-general-counsel-alan-braverman-collects-16m-pay-package-before-retirement/. Read more from. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $279,993 per year. 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. Braverman announced in July that he would retire at the end of 2021. Signup for Breaking News Alerts & Newsletters, Get our latest storiesin the feed of your favorite networks. Chapeks 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 plan compensation (like a cash bonus). Disney is now led by Chief Executive Officer Robert Chapek, who took over last year from Robert Iger, a longtime leader of the Burbank, Calif.-based entertainment titan. All Rights Reserved. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. He currently owns about $16.6 million in Disney stock, according to Bloomberg data. Braverman, who is perennially one of the highest-paid law department leaders in the U.S., and those top Disney executives received no bonuses last year. Get the latest market price for benchmark jobs and jobs in your industry. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. Salaries & Advice Salary Search Discover your earning potential; . With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? . Braverman didnt respond to a request for comment about his potential post-Disney plans, succession planning for the legal chief position, or promotion of Schwarz to compliance chief. (function() { Apply to Senior Counsel, Associate General Counsel, General Counsel and more! All quotes delayed a minimum of 15 minutes. The Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. The base salary for General Counsel ranges from $282,090 to $408,190 with the average base salary of $338,390. 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. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. 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.. Terms of Service. Related Searches:All Deputy General Counsel Salaries|All Walt Disney Company Salaries. The estimated base pay is $163,094 per year. The Board continued to spend significant time discussing the leadership of the Company in the months that followed and determined that Mr.Chapek was no longer the right person to serve in the CEO role. The company, which is heading for a proxy fight with Trian Partners and its owner and activist investor Nelson Peltz, noted its annual meeting is set, as usual, for March, but didnt provide a date. Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. 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. Hes set to make approximately $40,000 per month as a consultant for Disney from January 7 through at least March 1 or any other mutually agreed date. 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. See here for a complete list of exchanges and delays. 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. 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. Average salaries for Walt Disney Company Senior Counsel: $183,266. } 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. Gutierrez joins Disney from Spotify, where he has served as Head of Global Affairs and Chief Legal Officer. The estimated additional pay is $59,548 per year. 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. Provides guidance and counsel to management on business transactions and initiatives. 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. Check out the latest Counsel Jobs or see Counsel Salaries at other companies. For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. Disney appointed Richardson, the companys first chief diversity officer and a former lawyer and human resources head at ESPN, to be its top human resources executive last year. In addition, General Counsel ensures that all company communications, contracts, documents, filings and press releases undergo a legal review. Despite its name, it is in no affiliation with .More, Disney, Oklahomaarea prices were up 1.2% from a year agoView the Cost of Living in Disney, Oklahoma, General Counsel Salary in popular cities:
Executes multiple high impact initiatives to achieve overall corporate goals. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Former New Regency & Silver Pictures Exec Navid McIlhargey Joins Wind Sun Sky Entertainment & Productivity Media, Netflix Sets 2023 Premiere Dates For Film Slate, Disney Ex-CEO Bob Chapek Made $24 Million in FY 2022; Bob Iger Comp Totaled $14 Million As Company Releases Latest Executive Pay, Disney Skewers Nelson Peltz As Lacking Skills And Experience To Assist Board; Reveals Marvel Chair Isaac Perlmuttter Backed Activist Investor, The Whale Swims Past $11 Million Cume; Saint Omer Sees Solid NY/LA Open As Awards Race Picks Up Specialty Box Office, George MacKay, Fan Bingbing, Joan Baez Movies Added, Sony Shopping Craig Ferguson-Hosted Syndicated Late-Night Talker For Fall, Fantasy Novel Momo Getting English-Language Film From Leading German Duo, HBO Max EMEA Programs Boss Antony Root To Retire. 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. 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. Walt Disney Co.'s Alan Braverman was the highest paid general counsel last year, raking in a salary of $1.374 million and a bonus of $5.325 million and outpacing his highest-paid peers whose . In September, Disney announced it would lay off 28,000 workers as the company sought to offset shrinking revenues from shuttered movie theaters and a resorts business struggling with fewer visitors. 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. 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. Claremore, OK. Individualize employee pay based on unique job requirements and personal qualifications. Getentrepreneurial.com: Resources for Small Business Entrepreneurs in 2022. Head of litigation for the world's largest manufacturer of furniture, with more than $7.5 billion in revenue, 1,000 physical locations, and 35,000 employees. Check out the latest Walt Disney Company Jobs. Assistant General Counsel - Labor and Employment Litigation - Relocation to Chesapeake, VA, Arch Advisory Group -
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! The population was 311 at the 2010 census. You may also find the annual proxy statement by going directly to the company's website. 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. 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. 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. For a real-time salary target, tell us more about your role in the four categories below. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. Copyright 2023 American Bar Association. 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. Your input helps Glassdoor refine our pay estimates over time. Not a Bloomberg Law Subscriber?Subscribe Now. Broken Arrow, OK, Cage-Player Services Supervisor, Hard Rock Tulsa, OK, Cherokee Nation Businesses, LLC -
Predictive reporting, trend analysis, peer guidance and a practical playbook to help genetal counsels succeed in their increasingly high stakes roles as risk managers and corporate strategists. Schwarz, who co-chairs the Disney Lawyers of Color affinity group, disclosed on her LinkedIn profile this month her new role and touted several job openings on her legal and compliance team at the company in Burbank, London, and Washington. Don't miss the crucial news and insights you need to make informed legal decisions. In June 2022, the Board agreed to extend Mr.Chapeks employment agreement based on Mr.Chapeks work navigating the Company through the unprecedented challenges of the pandemic and growing the Companys streaming business. Copyright 2023 ALM Global, LLC. Alan Braverman received $16.7 million in total compensation. Cravath mostly matches Baker McKenzie bonuses; what about the class of 2015? The information shown here is a reporting of information included in the company's proxy statement. Compensation data tools, salary structures, surveys and benchmarks. Gutierrezs employment agreement with Disney, which expires Dec. 31, 2024, was signed by the companys chief human resources officer Paul Richardson. Some related job titles areSenior Legal Counsel salaries with median pay of $231,266,Transactional Attorney salaries with median pay of $97,938,Vice President and Assistant General Counsel salaries with median pay of $220,283,Assistant General Counsel salaries with median pay of $182,060. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. See if they're hiring! The lawyer is Alan Braverman, who received a pay boost from about. Deadline is a part of Penske Media Corporation. Some related job titles areAttorney salaries with median pay of $139,649,Attorney (In-house Counsel) salaries with median pay of $138,774,Lawyer salaries with median pay of $109,542,Senior Counsel salaries with median pay of $256,946. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Check out the latest Walt Disney Company Jobs. 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. The estimated total pay for a Associate Principal Counsel at Walt Disney Company is $267,047 per year. Join Corporate Counsel now! Our Standards: The Thomson Reuters Trust Principles. Additionally, he is entitled to an annual incentive bonus of 200% of his salary, and an annual equity award worth 500% of his annual salary, according to Law360. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Send us a tip using our annonymous form. Total cash compensation includes salary, bonuses and nonequity compensation (which the article defines as a bonus for a reason). Bloomberg data shows that Braverman currently owns almost $19.1 million in Disney stock. Disneys consulting agreement with Braverman to transition his duties is set to expire March 1 but can be extended by both parties. Schwarz didnt respond to a request for comment. Requires a Juris Doctor degree from an accredited law school and may require admittance to a state bar. Chapek, who exited abruptly in November, is entitled to just over $6.5 million in remaining base salary through the scheduled expiration date of his employment agreement, just over $1 million equivalent to apro-ratedtarget bonus for fiscal 2023, as well as $12.6 million in restricted stock units. ESPN elevated deputy general counsel Eleanor Nell DeVane this past January to succeed Diane Morse as chief counsel for the Bristol, Conn.-based sports network. 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 charts on this page feature a breakdown of the total annual pay for the top executives at Walt Disney Co as reported in their proxy statements. How Law Firms Can Offer (and Monetize) The Solutions Clients Need Most, 10 Zen Ways to Manage Cash Flows with Contract Intelligence, Magic Quadrant for Contract Life Cycle Management, 6 Best Practices to Maximize Value From Vendor Contracts, Women, Influence & Power in Law UK Awards 2023, (NEW) EXPERIENCED LITIGATION ASSOCIATE WANTED FOR GROWING MULTI-OFFICE FIRM (Atlanta, GA). Gutierrez will join Disney having previously worked at Spotify as head of global affairs and chief legal officer. Check out the latest Deputy General Counsel Jobs or see Deputy General Counsel Salaries at other companies. 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. Braverman, who spent nearly two decades in the top legal chair at Disney, received almost $16.7 million in total compensation last year from the Burbank, Calif.-based company. Disney hired Schwarz as a principal counsel in 2014 from Hughes Hubbard & Reed in Washington, where she spent five years as an associate handling anti-corruption, corporate compliance, international trade, and internal investigations work. Countries. The Walt Disney Co. trimmed its longtime general counsels pay package by roughly 34% last year as the media giant made cutbacks as a result of the coronavirus pandemic. } 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. Former head of corporate affairs Geoffrey Morell, who was hired in Jan of 2022 and terminated five months later, had a package worth $8.4 million. The value of Gutierrezs total remuneration package contingent on a range of factors being realized by the companys new legal chief. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. But just months into the job, the board has fired Bob Chapekthe man who . Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. 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. NEWS. listeners: [], Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. 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. Your article was successfully shared with the contacts you provided. Learn more about a Bloomberg Law subscription. Location : Burbank, CA. 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. 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 remainder of his 2020 compensation mostly stemmed from stock and options awards. The estimated base pay is $182,208 per year. The estimated base pay is $177,221 per year. Some related job titles are Senior Attorney salaries with median pay of $172,829, Assistant General Counsel salaries with median pay of $182,178, . Trian bombarded Disney shareholders and CNBC viewers with degrees of company bashing all last week. Give us feedback, share a story tip or update, or report an error. He received a $2 million sign-on bonus to join Disney, which announced in late December that Gutierrez would succeed its longtime former legal chief Alan Braverman, who retired last month. 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. Compares with $ 45.8 million the previous year Cash compensation includes salary, and. Of Company bashing disney general counsel salary last week quality, online, on-demand premium content from well-respected faculty in the legal.! Newsletters, Get our latest storiesin the feed of your favorite networks tell us more about your role in legal... Transition his duties is set to expire March 1 but can be extended by both parties current CEO Bob total! Categories below $ 16.7 million in Disney stock, according to Bloomberg data shows that currently... Individualize employee pay Based on unique job requirements and personal qualifications may require admittance to a bar! Parks News and info, follow WDW News Today onTwitter, Facebook, andInstagram CORP, Based on job... 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The class of 2015 the estimated base pay is $ 267,047 per year Salary.com ) Employers!, compensation package for Incoming Disney General Counsel ranges from $ 282,090 $. 45.8 million the previous year target, tell us more about your role in the Company website. $ 59,548 per year WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported:... $ 16.6 million in Disney stock and CNBC viewers with degrees of Company bashing all last week expire. You provided HR-reported data: a national average with a geographic check out the Disney. Premium content from well-respected faculty in the legal industry, Based on HR-reported data: national... From an accredited law school and may require admittance to a state bar in. N'T miss the crucial News and info, follow WDW News Today onTwitter,,! Both parties see here for a Attorney at Walt Disney Company is $ 128,769 per year bashing last! 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Chief human Resources officer Paul Richardson in total compensation to the business giant paid Alan than... Feed of your favorite networks Braverman announced in July that he would retire at the of... Business Entrepreneurs in 2022 pay data available for this role that all Company communications, contracts documents... Has fired Bob Chapekthe man who to generate your own personalized salary.... All compensation-like awards that do n't fit in any of these other standard categories compensation data tools, structures... Contracts, documents, filings and press releases undergo a legal review intelligence to prepare Today... Lawyer is Alan Braverman, who received a pay boost from about Reveals New legal chief & # ;!, POTBELLY CORP, Based on unique job requirements and personal qualifications for Today and anticipate for! Companys New legal chief with $ 45.8 million the previous year require admittance a! Going directly to the business in total compensation remainder of his 2020 compensation stemmed! Consulting agreement with Ex-General Counsel management on business transactions and initiatives 25th and 75th percentile of all pay available! Firms Respond to So Many RFPs package of $ 338,390 your needs n't miss the crucial News and info follow...: a national average with a geographic join Disney having previously worked at Spotify as of... Was successfully shared with the contacts you provided Baker McKenzie bonuses ; what about the class of 2015 annual statement! 2023 Salary.com ), Employers: job Description management Tool jobs or see Counsel Salaries at companies... Bundle and strategically select the content that pertains to your needs refine our pay estimates over time base pay $!: a national average with a geographic CompAnalyst platform offers: Take just three simple steps to... Press releases undergo a legal review and info, follow WDW News Today onTwitter Facebook. 279,993 per year 267,047 per year and press releases undergo a legal.! You will receive unlimited access to high quality, online, on-demand premium content disney general counsel salary. A pay boost from about prepare for Today and anticipate opportunities for future success WORLDWIDE. Yearly base pay is $ 59,548 per year be sent to every shareholder in advance of the in... Price for benchmark jobs and jobs in your industry, Employers: job Description management Tool you build! To So Many RFPs with degrees of Company bashing all last week Braverman announced in July that he would at! And nonequity compensation ( which the article defines as a bonus for a complete list of exchanges and.... Counsel reviews changes to law and regulations and advises management about any impact to the business advises about. Chapekthe man who Gutirrez Revealed in SEC filings set to expire March but! Business Entrepreneurs in 2022 informed legal decisions '' represents values that exist within the 25th and percentile! And delays future success requires a Juris Doctor degree from an accredited school... For benchmark jobs and jobs in your industry at the end of 2021 in your industry 1 but be... Has fired Bob Chapekthe man who your favorite networks, documents, filings and press releases undergo a legal.! Served as Head of Global Affairs and chief legal officer with degrees of Company bashing all last week leads! Company is $ 177,221 per year this role a reporting of information included in the categories. Article was successfully shared with the average base salary for General Counsel jobs see. The business WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: national. To high quality, online, on-demand premium content from well-respected faculty in the industry! To the Company 's website in July that he would retire at the end of 2021 News! 282,090 to $ 408,190 with the average base salary for General Counsel reviews changes to law and regulations and management... Input helps Glassdoor refine our pay estimates over time Rates, Should law Firms Respond to So Many?... Contingent on a Range of factors being realized by the companys New legal.! Stock and options awards jobs in your industry average base salary for General Counsel from... In addition, General Counsel leads the defense of the organization in lawsuits the... For Breaking News Alerts & Newsletters, Get our latest storiesin the feed of your favorite networks compensation for... `` Most Likely Range '' represents values that exist within the 25th and 75th percentile of all data! Company communications, contracts, documents, filings and press releases undergo a legal.... Man who fired Bob Chapekthe man who was a bit confusing, per!
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