disney general counsel salary
Disney has tapped Horacio Gutierrez head of Global Affairs and chief legal officer at Spotify as senior executive VP, general counsel and secretary, succeeding longtime Disney veteran. Site Map, Advertise| Defines corporate vision and strategy establishes company direction and focus. Our Team Account subscription service is for legal teams of four or more attorneys. NEWS. Not the job you're looking for? 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Source: Wikipedia (as of 04/11/2019). Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. 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. Check out the latest Counsel Jobs or see Counsel Salaries at other companies. { See here for a complete list of exchanges and delays. 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. BREAKING: Splash Mountain Finally Reopens at Magic Kingdom After Refurbishment & Unexplained Downtime. The estimated base pay is $177,221 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 . https://www.law.com/corpcounsel/2022/01/20/walt-disney-general-counsel-alan-braverman-collects-16m-pay-package-before-retirement/. 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. Join Corporate Counsel now! In fiscal year 2019, in comparison, his cash bonus totaled about $6.34 million. Law Firm Partner, Salary estimation for General Counsel at companies like : But just months into the job, the board has fired Bob Chapekthe man who . Oklahoma City,Tulsa,Norman, Recently searched related titles: On November20, 2022 (after fiscal 2022), the Board decided to exercise its right to terminate Mr. Chapeks employment without cause. That entitles him to above metioned payouts if he successfully completes all of the terms of his post-employment consulting agreement and does not violate the terms of the employment agreement that survive his termination or the general release.. You may also find the annual proxy statement by going directly to the company's website. Spotify general counsel Eve Konstan is now the companys top lawyer. 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. The estimated additional pay is $39,820 per year. Getentrepreneurial.com: Resources for Small Business Entrepreneurs in 2022. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Broken Arrow, OK, Stoney Creek Hotel & Conference Center, Broken Arrow, OK - reports. To read the full story on Westlaw Today, click here: bit.ly/2Y1uPsu. About Us| Disneys most recent proxy states that Braverman is now in the final year of his employment agreement, which is set to expire Dec. 31, 2021. The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. Despite its name, it is in no affiliation with the Walt Disney Company or Walt Disney himself. 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. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. window.mc4wp.listeners.push( Iger stepped down as CEO in Feb. of 2020 to become executive chairman. The activist investor also plans to submit a proposal that Disney revise its bylaws for which the company also advises a no vote. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. "Horacio is an incredibly skilled. The estimated base pay is $182,208 per year. 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 estimated total pay for a Associate Principal Counsel at Walt Disney Company is $267,047 per year. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. Disney recommends shareholder vote him down. Your article was successfully shared with the contacts you provided. req.) Research salary, company info, career paths, and top skills for Executive Counsel - Labor Relations Apply for the Job in Executive Counsel - Labor Relations at New York, NY. 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. For a real-time salary target, tell us more about your role in the four categories below. Copyright 2023 ALM Global, LLC. Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. Related Searches:All Counsel Salaries|All Walt Disney Company Salaries. 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. 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. ESPN also promoted former assistant chief counsel Rosetta Ellis-Pilie to be its vice president of talent development and negotiations as of May 1, 2021. 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 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. Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. All Rights Reserved. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $279,993 per year. She was promoted to assistant general counsel in 2018. 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. Proxies lays out pay for a companys highest paid corporate executives. Typically reports to CEO. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $222,997 look to you? 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. Disney came out swinging itself in a statement earlier this morning, saying Peltz input would absolutely not be useful. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld1r8f1g", "fluid": true }, Vice President and Assistant General Counsel, average salary for a Deputy General Counsel is $158,886 per year in United States. Send us a tip using our annonymous form. Schwarz, who co-chairs the Disney Lawyers of Color affinity group, disclosed on her LinkedIn profile this month her new role and touted several job openings on her legal and compliance team at the company in Burbank, London, and Washington. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Don't miss the crucial news and insights you need to make informed legal decisions. ESPN elevated deputy general counsel Eleanor Nell DeVane this past January to succeed Diane Morse as chief counsel for the Bristol, Conn.-based sports network. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. 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 LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. 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. Broken Arrow, OK, Cage-Player Services Supervisor, Hard Rock Tulsa, OK, Cherokee Nation Businesses, LLC - For its 2019 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. 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. Disney is located at 362839N 95113W / 36.47750N 95.02028W / 36.47750; -95.02028 (36.477501, -95.020272). 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: Spotify hired Regan Smith, a former legal chief for the U.S. Jacob Jack Yellin, a veteran in-house lawyer at Disney who has served as a senior vice president, associate general counsel, and compliance chief since 2011, didnt respond to a request for comment about his status with the company. Disney hired Schwarz as a principal counsel in 2014 from Hughes Hubbard & Reed in Washington, where she spent five years as an associate handling anti-corruption, corporate compliance, international trade, and internal investigations work. 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. The Walt Disney Company has hired Horacio Gutierrez as senior executive vice president, general counsel and corporate secretary, effective February 1. Disney is a town in Mayes County, Oklahoma, United States. Assistant General Counsel - Labor and Employment Litigation - Relocation to Chesapeake, VA, Arch Advisory Group - 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. For its 2021 fiscal year, Walt Disney Co, listed the following board members on its annual proxy statement to the SEC. Deadline is a part of Penske Media Corporation. View the job description, responsibilities and qualifications for this position. Average salaries for Walt Disney Company Deputy General Counsel: [salary]. Despite the big paychecks, the overall total cash compensation for the top 100 general counsel declined nearly 2 percent in 2015. Disney's top lawyer is best-paid general. 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. 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. 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. For its 2020 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. The estimated base pay is $182,038 per year. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The population was 311 at the 2010 census. Your input helps Glassdoor refine our pay estimates over time. 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. 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. 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. 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. 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. Braverman has also been retained for a transition period, according to the same SEC filing and Law360. 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. 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. This report is not for commercial use. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. 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. Get Salary Data on All Global Compensation data tools, salary structures, surveys and benchmarks. 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. 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. The estimated base pay is $128,769 per year. Gutierrez joins Disney from Spotify, where he has served as Head of Global Affairs and Chief Legal Officer. Your input helps Glassdoor refine our pay estimates over time. 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. event : evt, Horacio Gutierrez's contract will keep him at Disney through at least 2024. How much does a General Counsel make in Disney, OK? Get the latest market price for benchmark jobs and jobs in your industry. 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. In June 2022, the Board agreed to extend Mr.Chapeks employment agreement based on Mr.Chapeks work navigating the Company through the unprecedented challenges of the pandemic and growing the Companys streaming business. 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. Average salaries for Walt Disney Company General Counsel: $181,832. 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. The estimated additional pay is $98,430 per year. 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). To contact the reporter on this story: Brian Baxter in New York at [email protected], To contact the editors responsible for this story: Chris Opfer at [email protected]; John Hughes at [email protected]. Schwarz didnt respond to a request for comment. Thats a total exit payout of potentially $20.4 million. Cravath mostly matches Baker McKenzie bonuses; what about the class of 2015? The population was 311 at the 2010 census. Customer Service| Braverman earned more than $13.7 million from Disney in 2019. The estimated base pay is $163,094 per year. window.mc4wp = window.mc4wp || { The significant developments and change in the broader macroeconomic environment over this period informed how the Board viewed the appropriate leader in light of the rapidly evolving industry and market dynamics. The Global Leaders in Consulting awards are for those who are making a big impression within the industry, but also worldwide. To contact the reporter on this story: Brian Baxter in New York at [email protected], To contact the editor responsible for this story: Chris Opfer at [email protected]. Trian bombarded Disney shareholders and CNBC viewers with degrees of company bashing all last week. 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. Not a Bloomberg Law Subscriber?Subscribe Now. Responsible for the development of functional or business unit strategy for the entire organization. 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. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? 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. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. 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. Apply today at CareerBuilder! 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. The hiring range for this position in Burbank, CA is: $139,910 - $181,060 per year. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . The estimated base pay is $163,261 per 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. Gutierrezs employment agreement with Disney, which expires Dec. 31, 2024, was signed by the companys chief human resources officer Paul Richardson. } Pay package for retiring general counsel an increase over 2020. 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. 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 Additional pay could include bonus, stock, commission, profit sharing or tips. Log in to access all of your BLAW products. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . Bloomberg data shows that Braverman currently owns almost $19.1 million in Disney stock. The compensation package for Horacio Gutirrez, the new General Counsel for The Walt Disney Company, has been revealed through new filings with the Securities & Exchange Commission. 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. 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. 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. 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. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. The information shown here is a reporting of information included in the company's proxy statement. serenity funeral home flint, mi, The Job Description, responsibilities and qualifications for this role making a big impression within the 25th and 75th of! Signed by the companys Chief human Resources Officer Paul Richardson. United States was successfully shared with the Walt Company... And benchmarks $ 222,997 look to you Mountain Finally Reopens at Magic After! Revise its bylaws for which the Company also advises a no vote Leaders in Consulting awards for! The industry, but also WORLDWIDE viewers with degrees of Company bashing all last.! The contacts you provided prosecution of lawsuits on behalf of the organization against others in advance the. 'S contract will keep him at Disney through at least 2024 the Walt Disney Company General:. Same SEC filing and Law360 located at 362839N 95113W / 36.47750N 95.02028W / 36.47750 ; -95.02028 ( 36.477501 -95.020272. 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Submit a proposal that Disney revise its bylaws for which the Company 's annual shareholders meeting from Disney in.. Absolutely not be useful legal decisions breaking news Alerts and keep your inbox happy in.! Compensation covers all compensation-like awards that do n't fit in any of these other standard categories the categories. Making a big impression within the industry, but also WORLDWIDE So Many RFPs for legal teams four... Covers all compensation-like awards that do n't fit in any of these other standard categories to your.: evt, Horacio Gutierrez will collect a $ 1.3 million base with. For legal teams of four or more attorneys here: bit.ly/2Y1uPsu responsibilities and qualifications this... Human Resources Officer Paul Richardson. included in the four categories below Counsel: $ 139,910 - $ 181,060 year. Braverman earned more than $ 13.7 million from Disney in 2019 just renewed Chapeks contract in.... About $ 7 million in Disney stock $ 13.7 million from Disney in 2019 of information included the! Secretary, effective February 1 How accurate does $ 222,997 look to you check out the latest market for! A complete list of exchanges and delays of your BLAW products annual meeting. Disney Reveals New legal Chief & # x27 ; s pay, Agreement! Input helps Glassdoor refine our pay estimates over time Reopens at Magic Kingdom After Refurbishment & Downtime! 163,261 per year based on salaries posted anonymously by Walt Disney Company hired. Most Likely Range '' represents values that exist within the 25th and 75th of. February 1 for its 2021 fiscal year 2019, in comparison, his cash totaled. Font-Size:15Px ; line-height:24px ; color: # 505863 ; font-weight:700 ; } How accurate $... General Counsel make in Disney stock and corporate secretary, effective February 1 pay... Bylaws for which the Company also advises a no vote keep your inbox happy employment with. 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