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. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. Gutierrez will join Disney having previously worked at Spotify as head of global affairs and chief legal officer. 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. 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. 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. 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 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. The estimated additional pay is $39,820 per year. 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.. 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. . Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. Compensation data tools, salary structures, surveys and benchmarks. General Counsel Compensation by Ethnicity (All Companies) Give us feedback, share a story tip or update, or report an error. How much does a General Counsel make in Disney, OK? 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. The population was 311 at the 2010 census. 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. The estimated base pay is $182,208 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, . In addition, General Counsel ensures that all company communications, contracts, documents, filings and press releases undergo a legal review. 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. Typically reports to CEO. Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases. req.) "Horacio is an incredibly skilled. 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 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. 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 fiscal year 2020, a regulatory filing shows, as the media giant grappled with the pandemics financial fallout. 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. ); Executes multiple high impact initiatives to achieve overall corporate goals. 13 General Counsel jobs available in Walt Disney World Resort, FL on Indeed.com. Spotify general counsel Eve Konstan is now the companys top lawyer. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. View the job description, responsibilities and qualifications for this position. BREAKING: Splash Mountain Finally Reopens at Magic Kingdom After Refurbishment & Unexplained Downtime. Catoosa, OK, Onin Staffing - About Disney, OklahomaDisney is a town in Mayes County, Oklahoma, United States. Braverman announced in July that he would retire at the end of 2021. Deadline is a part of Penske Media Corporation. Signup for Breaking News Alerts & Newsletters, Get our latest storiesin the feed of your favorite networks. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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 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. 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 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. 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. Braverman earned more than $13.7 million from Disney in 2019. forms: { Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. Pay package for retiring general counsel an increase over 2020. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Disney is located at 362839N 95113W / 36.47750N 95.02028W / 36.47750; -95.02028 (36.477501, -95.020272). 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. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . The estimated additional pay is $59,737 per year. Law Offices of Gary Martin Hays & Associates The estimated total pay for a Counsel at Walt Disney Company is $222,643 per year. Search thousands of open positions to find your next opportunity. 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $280,468 look to you? 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. Defines corporate vision and strategy establishes company direction and focus. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. 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. 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. 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. Gutierrezs employment agreement with Disney, which expires Dec. 31, 2024, was signed by the companys chief human resources officer Paul Richardson. The estimated base pay is $182,038 per year. Gutierrez, a former top lawyer at Spotify Technology SA, started Feb. 1 as Disneys law department leader. The Global Leaders in Consulting awards are for those who are making a big impression within the industry, but also worldwide. But just months into the job, the board has fired Bob Chapekthe man who . All quotes delayed a minimum of 15 minutes. As more law firms announce bonuses, some pay extra for higher hours. Iger stepped down as CEO in Feb. of 2020 to become executive chairman. Learn more about a Bloomberg Law subscription. For its 2021 fiscal year, Walt Disney Co, listed the following board members on its annual proxy statement to the SEC. 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. All rights reserved. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. (function() { Analyze the market and your qualifications to negotiate your salary with confidence. Oklahoma City,Tulsa,Norman, Recently searched related titles: Getentrepreneurial.com: Resources for Small Business Entrepreneurs in 2022. 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 Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. 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. Total cash compensation includes salary, bonuses and nonequity compensation (which the article defines as a bonus for a reason). 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. on: function(evt, cb) { Contact Us| Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. 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. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Disney will go through the sale process and realize any gains or losses on the sale of the property. Additional pay could include bonus, stock, commission, profit sharing or tips. The value of Gutierrezs total remuneration package contingent on a range of factors being realized by the companys new legal chief. 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. Alan Braverman received $16.7 million in total compensation. P.C. 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