See if they're hiring! 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. The estimated total pay for a Counsel at Walt Disney Company is $222,997 per year. Gutierrezs employment agreement with Disney, which expires Dec. 31, 2024, was signed by the companys chief human resources officer Paul Richardson. The Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. How much does a General Counsel make in Disney, OK? 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. 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. 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). Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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). Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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). 13 General Counsel jobs available in Walt Disney World Resort, FL on Indeed.com. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. Customer Service| This report is not for commercial use. window.mc4wp.listeners.push( Iger stepped down as CEO in Feb. of 2020 to become executive chairman. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. How much does a General Counsel make in Disney, OK? Log in to access all of your BLAW products. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. License our industry-leading legal content to extend your thought leadership and build your brand. May engage and coordinate with outside counsel for certain matters. Your article was successfully shared with the contacts you provided. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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. 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. 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. Not the job you're looking for? Disney employs hundreds of lawyers between it and subsidiaries like ABC Inc., ESPN Inc., Fox Networks Group Inc., Lucasfilm Ltd., Marvel Entertainment LLC, and Pixar Inc. Gutierrez, who joined Spotify in 2016 after 17 years in-house at Microsoft Corp., served as the podcast and streaming audio platforms chief legal officer and head of global affairs. Join Corporate Counsel now! About Us| Disney will go through the sale process and realize any gains or losses on the sale of the property. Meet our President and CEO, as well as other McDonald's U.S. executive team members who continue to build our legacy and ensure our Golden Arches shine bright. BURBANK, Calif., December 22, 2021 - Horacio Gutierrez has been named Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company (NYSE: DIS), it was announced today by Bob Chapek, Chief Executive Officer. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? 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. 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. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The lawyer is Alan Braverman, who received a pay boost from about $6.7 million in 2014, Corporate Counsel (sub. The value of Gutierrezs total remuneration package contingent on a range of factors being realized by the companys new legal chief. Both options are priced the same. 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. forms: { The estimated base pay is $182,038 per year. Those individuals include senior executive vice president, general counsel, and corporate secretary Alan Braverman, whose total pay last year dropped to $9.2 million, including nearly $1.6 million in cash and almost $6.9 million in stock awards. 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. 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. 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. https://www.law.com/corpcounsel/2022/01/20/walt-disney-general-counsel-alan-braverman-collects-16m-pay-package-before-retirement/. Related Searches:All Deputy General Counsel Salaries|All Walt Disney Company Salaries. Some related job titles are Senior Attorney salaries with median pay of $172,829, Assistant General Counsel salaries with median pay of $182,178, . Learn more about a Bloomberg Law subscription. Counsel - Securities & Corporate Governance Apply Now Apply Later Job ID 10016997 Location Burbank, California, United States Business The Walt Disney Company (Corporate) Date posted Jan. 13, 2023 Flex Type Hybrid - This role is considered hybrid, which means the employee will work a portion of their time on-site from a Company designated location and the remainder of their time remotely. 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. Signup for Breaking News Alerts & Newsletters, Get our latest storiesin the feed of your favorite networks. Getentrepreneurial.com: Resources for Small Business Entrepreneurs in 2022. 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $280,468 look to you? See here for a complete list of exchanges and delays. Coronavirus Tips Working and Protection, For its 2019 fiscal year, Walt Disney Co, listed the following executives on its annual proxy statement to the SEC. The estimated total pay for a Associate Principal Counsel at Walt Disney Company is $267,047 per year. 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. All Rights Reserved. Spotify general counsel Eve Konstan is now the companys top lawyer. Apply to Senior Counsel, Associate General Counsel, General Counsel and more! Jan. 20, 2022, 4:00 AM. The estimated additional pay is $39,820 per year. Disneys consulting agreement with Braverman to transition his duties is set to expire March 1 but can be extended by both parties. 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 Walt Disney Co income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. Compensation data tools, salary structures, surveys and benchmarks. 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. 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. 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. 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. Pay package for retiring general counsel an increase over 2020. The General Counsel reviews changes to law and regulations and advises management about any impact to the business. 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. The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. Bloomberg data shows that Braverman currently owns almost $19.1 million in Disney stock. 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. 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 The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. The lawyer is Alan Braverman, who received a pay boost from about. Stoney Creek Hotel & Conference Center, Broken Arrow, OK -. Countries. } Ex-lawyer who claimed wrongs by 'bar card lynch mob' charged with stabbing targeted attorney, How lawyers can pursue a 'wonderful life', Lawyer digs into big data for new legal thriller 'Code 6'. 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.. . 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. 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 remainder of his 2020 compensation mostly stemmed from stock and options awards. Disney's top lawyer is best-paid general. 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. 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. Walt Disney's Departing Legal Chief Sees 59% Jump in Total Pay. 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. Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. She was promoted to assistant general counsel in 2018. The estimated base pay is $163,094 per year. 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. Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. 2023 Deadline Hollywood, LLC. Walt Disney Names Ex-Spotify Legal Chief Horacio Gutierrez as General Counsel, Walt Disney General Counsel Took Big Pay Cut Last Year, The 2021 GC Compensation Survey: Bonus Pain, Entertainment Gain, California GC Compensation Roars Back Following COVID-Fueled Pay Cuts, Live Nation Retains GC in Last-Minute Contract Renewal, Legal Tech Star Relativity Hires CLO Fresh Off Multibillion-Dollar Deals, Milwaukee Brewers Promote Longtime General Counsel to Chief Operating Officer, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. The activist investor also plans to submit a proposal that Disney revise its bylaws for which the company also advises a no vote. Spotify legal chief Horacio Gutierrez will serve as Disney's new GC. Alan Braverman received $16.7 million in total compensation. Walt Disney Co annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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