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Walt Disney's Departing Legal Chief Sees 59% Jump in Total Pay. The estimated base pay is $163,261 per year. Send us a tip using our annonymous form. Despite the big paychecks, the overall total cash compensation for the top 100 general counsel declined nearly 2 percent in 2015. 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. 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. 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. Executes multiple high impact initiatives to achieve overall corporate goals. Statement After UGA Football Player Devin Willock Tragically Dies After Single C Maptician Selected as Finalist in ALM s Legalweek Leaders in Tech Law Awards 202 Mezrano Law Firm Assists Truck Accident Victims in Obtaining The Maximum Compens Alan Braverman's compensation totaled more than $16.6 million last year. 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 The estimated base pay is $182,208 per year. window.mc4wp.listeners.push( (Copyright 2023 Salary.com), Employers: Job Description Management Tool. 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. The estimated additional pay is $98,430 per year. For its 2020 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Horacio Gutierrez's contract will keep him at Disney through at least 2024. Check out the latest Walt Disney Company Jobs. The base pay actually offered will take into account internal equity and also may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors. To view this content, please continue to their sites. 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. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. 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. BREAKING: Splash Mountain Finally Reopens at Magic Kingdom After Refurbishment & Unexplained Downtime. The General Counsel reviews changes to law and regulations and advises management about any impact to the business. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $280,468 per year. 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. The estimated total pay for a Counsel at Walt Disney Company is $222,997 per year. 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 . Check out the latest Walt Disney Company Jobs. 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. Defines corporate vision and strategy establishes company direction and focus. 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. NEWS. Iger earned $1.1 million in base pay; $4.6 million in stock awards; $2.4 million in options awards; $4.34 million for the non-equity incentive plan; and $2.4 million in other compentsation. 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 Oklahoma City,Tulsa,Norman, Recently searched related titles: Disney is located at 362839N 95113W / 36.47750N 95.02028W / 36.47750; -95.02028 (36.477501, -95.020272). 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. 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. 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. But just months into the job, the board has fired Bob Chapekthe man who . event : evt, See here for a complete list of exchanges and delays. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . Claremore, OK. Individualize employee pay based on unique job requirements and personal qualifications. How much does a General Counsel make in Disney, OK? Bloomberg data shows that Braverman currently owns almost $19.1 million in Disney stock. The information shown here is a reporting of information included in the company's proxy statement. })(); Disney Sued Over Alleged Patent Infringement for Genie and Genie+ Technologies. 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. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. The estimated base pay is $163,094 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. Apply to Senior Counsel, Associate General Counsel, General Counsel and more! Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases. Peltz said hell be running for a board seat. 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). However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Countries. The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. Gutierrezs employment agreement with Disney, which expires Dec. 31, 2024, was signed by the companys chief human resources officer Paul Richardson. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . Additional pay could include bonus, stock, commission, profit sharing or tips. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The base salary for General Counsel ranges from $282,090 to $408,190 with the average base salary of $338,390. See if they're hiring! Law Firm Partner, Salary estimation for General Counsel at companies like : The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. All quotes delayed a minimum of 15 minutes. 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. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $279,993 per year. The activist investor also plans to submit a proposal that Disney revise its bylaws for which the company also advises a no vote. 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. Schwarz didnt respond to a request for comment. Braverman earned more than $13.7 million from Disney in 2019. 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. The remainder of his 2020 compensation mostly stemmed from stock and options awards. 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. 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 Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. 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. Cravath mostly matches Baker McKenzie bonuses; what about the class of 2015? Thats a total exit payout of potentially $20.4 million. Horacio Gutierrez landed one of the top legal jobs in the world last Decembergeneral counsel of The Walt Disney Co. She was promoted to assistant general counsel in 2018. 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. Some related job titles are Senior Attorney salaries with median pay of $172,829, Assistant General Counsel salaries with median pay of $182,178, . The estimated additional pay is $39,820 per year. reports. Analyze the market and your qualifications to negotiate your salary with confidence. 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. Alan Braverman received $16.7 million in total compensation. We want to hear from you! The estimated additional pay is $59,737 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. 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. Trian bombarded Disney shareholders and CNBC viewers with degrees of company bashing all last week. 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. 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. 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. Site Map, Advertise| Copyright 2023 ALM Global, LLC. callback: cb Check out the latest Deputy General Counsel Jobs or see Deputy General Counsel Salaries at other companies. Give us feedback, share a story tip or update, or report an error. Spotify legal chief Horacio Gutierrez will serve as Disney's new GC. 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 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. Salaries & Advice Salary Search Discover your earning potential; . Join Corporate Counsel now! Despite its name, it is in no affiliation with the Walt Disney Company or Walt Disney himself. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Location : Burbank, CA. 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. Search thousands of open positions to find your next opportunity. 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. 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 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. 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: 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. 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. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. Broken Arrow, OK, Stoney Creek Hotel & Conference Center, Broken Arrow, OK - This report is not for commercial use. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. He is also entitled to $2000 per hour for any hour worked over 20 hours per month during this period. The estimated additional pay is $59,548 per year. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Getentrepreneurial.com: Resources for Small Business Entrepreneurs in 2022. 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. Both options are priced the same. (function() { https://www.law.com/corpcounsel/2022/01/20/walt-disney-general-counsel-alan-braverman-collects-16m-pay-package-before-retirement/. 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