Search thousands of open positions to find your next opportunity. 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. 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. 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. https://www.law.com/corpcounsel/2022/01/20/walt-disney-general-counsel-alan-braverman-collects-16m-pay-package-before-retirement/. Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. BREAKING: Splash Mountain Finally Reopens at Magic Kingdom After Refurbishment & Unexplained Downtime. The information shown here is a reporting of information included in the company's proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). 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. 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. All rights reserved. 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. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . 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. 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. Plans and directs all aspects of an organization's legal affairs and ensures all business policies and activities are managed correctly and in compliance with current laws. The General Counsel reviews changes to law and regulations and advises management about any impact to the business. All quotes delayed a minimum of 15 minutes. Additional pay could include bonus, stock, commission, profit sharing or tips. callback: cb 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. View the job description, responsibilities and qualifications for this position. Salary Estimate Encouraged to Apply Location Company Experience Level Education The Walt Disney Company Disney Counsel jobs Upload your resume - Let employers find you Disney Counsel jobs Sort by: relevance - date 25 jobs 1 2 Resume Resources: Resume Samples - Resume Templates Career Resources: Career Explorer - Salary Calculator Counsel yearly salaries in the United States at The Walt Disney Company Job Title Counsel Location United States Average salary $137,219 per year 47% Above national average Average $137,219 Low $35,000 High $306,000 Salary estimated from 9 employees, users, and past and present job advertisements on Indeed in the past 36 months. reports. The average salary for a Counsel is $162,080 per year in United States, which is 27% lower than the average Walt Disney Company salary of $222,997 per year for this job. 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. Both options are priced the same. 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. For a real-time salary target, tell us more about your role in the four categories below. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Iger stepped down as CEO in Feb. of 2020 to become executive chairman. 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. listeners: [], 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. Walt Disney Co income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. As more law firms announce bonuses, some pay extra for higher hours. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. Broken Arrow, OK, Stoney Creek Hotel & Conference Center, Broken Arrow, OK - 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. Learn more about a Bloomberg Law subscription. The estimated base pay is $177,221 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. Compensation data tools, salary structures, surveys and benchmarks. Disney noted that it has recommended to the compensation committee of its board that Gutierrez be granted equity awards with a target value of $10 million. Pay package for retiring general counsel an increase over 2020. 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. Get the latest market price for benchmark jobs and jobs in your industry. Bloomberg data shows that Braverman currently owns almost $19.1 million in Disney stock. Deadline is a part of Penske Media Corporation. P.C. 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. . Your input helps Glassdoor refine our pay estimates over time. 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. 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. For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. Our Team Account subscription service is for legal teams of four or more attorneys. 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. Check out the latest Walt Disney Company Jobs. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 2023 Deadline Hollywood, LLC. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. 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. "Horacio is an incredibly skilled. 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 Check out the latest Deputy General Counsel Jobs or see Deputy General Counsel Salaries at other companies. Requires a Juris Doctor degree from an accredited law school and may require admittance to a state bar. Costfoto/Future Publishing via Getty Images, Walt Disneys Departing Legal Chief Sees 59% Jump in Total Pay, Disney Hires Spotifys Top Lawyer Gutierrez as Legal Chief (2), Disneys Top Lawyer Job Up for Grabs as Longtime Leader Departs, ESPN Elevates Longtime In-House Lawyer to Chief Counsel Role (1), Disneys Longtime Top Lawyer Stepping Down Amid New Legal Hires, Disney Cuts Top Lawyers Pay, Names New Compliance Chief, Disneys Longtime Legal Chief Earned $14 Million in 2019, Neil Young Blasts Spotifys Ek, Goes After Four Big Banks Next, Spotifys CEO Is Deeply Sorry But Wont Drop Joe Rogan, Joe Rogan Apologizes Amid Spotifys Vaccine Controversy (3), Spotify Snags Copyright Office Legal Chief as Public Policy Head, Spotifys Top Lawyer Has Spent Years Making Apple the Bad Guy (2), Former HBO General Counsel Jumps to Spotify, Spotifys GC on Moving from Microsoft to the Music Streaming Service, organizational development and strategic planning, Horacio Gutierrez gets $3.3 million in salary, sign-on bonus, Ex-GC Alan Braverman inks $40,000 per month consulting deal. Braverman earned more than $13.7 million from Disney in 2019. The estimated additional pay is $59,737 per year. Stoney Creek Hotel & Conference Center, Broken Arrow, OK -. Disney will go through the sale process and realize any gains or losses on the sale of the property. Cravath mostly matches Baker McKenzie bonuses; what about the class of 2015? Location : Burbank, CA. forms: { The estimated base pay is $128,769 per year. The estimated base pay is $182,038 per year. Walt Disney's Departing Legal Chief Sees 59% Jump in Total Pay. 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). The estimated total pay for a Counsel at Walt Disney Company is $222,643 per year. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. Spotify legal chief Horacio Gutierrez will serve as Disney's new GC. 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. Disneys consulting agreement with Braverman to transition his duties is set to expire March 1 but can be extended by both parties. 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. event : evt, 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. 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. 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 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. 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. Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. 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 . 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. Give us feedback, share a story tip or update, or report an error. The lawyer is Alan Braverman, who received a pay boost from about. 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. 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. But just months into the job, the board has fired Bob Chapekthe man who . Read more from. 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. 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. Our Standards: The Thomson Reuters Trust Principles. This report is not for commercial use. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! For its 2021 fiscal year, Walt Disney Co, listed the following board members on its annual proxy statement to the SEC. He is also entitled to $2000 per hour for any hour worked over 20 hours per month during this period. 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. Braverman has also been retained for a transition period, according to the same SEC filing and Law360. Disney has made several personnel announcements this month, including appointing a new chief counsel for sports media giant ESPN, but as of mid-December had yet to publicly disclose a successor for its legal chief of nearly 19 years. The estimated additional pay is $59,548 per year. 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. 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. Broken Arrow, OK, Cage-Player Services Supervisor, Hard Rock Tulsa, OK, Cherokee Nation Businesses, LLC - Contact Us| Copyright 2023 ALM Global, LLC. 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. 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