Bob Iger, the Chief Executive Officer of The Walt Disney Company, experienced a 30% increase in his compensation last year, largely thanks to a substantial bonus. Iger’s total pay exceeded $41 million (around €39 million), stemming from Disney’s strong financial performance for the fiscal year 2024, which concluded in September.

Disney’s revenue and profit figures both rose compared to 2023. The company benefited greatly in the final quarter from blockbuster films like “Inside Out 2” and “Deadpool & Wolverine,” which shattered records. Disney’s streaming platforms, including Disney+, also played a pivotal role in boosting the company’s profitability.

Iger initially left Disney in 2020 but returned to lead the company in 2022. At that time, Disney announced Iger’s tenure for two years with the aim of setting the company up for a new growth phase.

Under Iger’s leadership, Disney has achieved numerous milestones, including the successful acquisition of major companies like Pixar, Marvel, Lucasfilm, and 21st Century Fox, significantly expanding Disney’s entertainment portfolio. He also spearheaded the launch of Disney+, which has become a major player in the streaming market. His strategic moves bolstered Disney’s stock performance, leading to a significant increase in shareholder value over his tenure.

Although Iger extended his tenure beyond the originally planned period, he has now announced his intention to leave Disney at the end of next year. The company’s board has acknowledged his decision and is urgently searching for his successor.