Robert Iger Pay Reaches $45.8 Million as Disney Sets CEO Succession

Robert Iger will depart as Disney CEO following a 12% pay increase to $45.8 million while James Gorman leads a committee to name a successor by early 2026.The company extended contracts for executives Hugh Johnston and Horacio Gutierrez for stability as Josh D'Amaro and Dana Walden emerge as leadership candidates.AMC Networks Chief Financial Officer Patrick O'Connell will leave the media industry in March after streaming revenue surpassed linear television earnings.