Analyze the market and your qualifications to negotiate your salary with confidence. 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. Assistant General Counsel - Labor and Employment Litigation - Relocation to Chesapeake, VA, Arch Advisory Group - To view this content, please continue to their sites. 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. 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. Both options are priced the same. 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. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Gutierrez will join Disney having previously worked at Spotify as head of global affairs and chief legal officer. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. All proxy statements are public filings made available to the general public by the SEC. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $280,468 per year. She was promoted to assistant general counsel in 2018. 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. 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. 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. The lawyer is Alan Braverman, who received a pay boost from about. Alan Braverman received $16.7 million in total compensation. Not the job you're looking for? The Walt Disney Co. trimmed its longtime general counsels pay package by roughly 34% last year as the media giant made cutbacks as a result of the coronavirus pandemic. reports. 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. 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 population was 311 at the 2010 census. 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. Get Salary Data on All Global Despite the big paychecks, the overall total cash compensation for the top 100 general counsel declined nearly 2 percent in 2015. General Counsel Compensation by Ethnicity (All Companies) See if they're hiring! 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. Walt Disney Co income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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.. Oklahoma City,Tulsa,Norman, Recently searched related titles: Horacio Gutierrez has been named Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company, it was announced today by Bob Chapek, Chief Executive Officer. 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. Compensation data tools, salary structures, surveys and benchmarks. 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. 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. 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. The estimated base pay is $163,094 per year. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. Copyright 2023 American Bar Association. 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 information shown here is a reporting of information included in the company's proxy statement. (function() { However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. { Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. Send us a tip using our annonymous form. 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. "Horacio is an incredibly skilled. Predictive reporting, trend analysis, peer guidance and a practical playbook to help genetal counsels succeed in their increasingly high stakes roles as risk managers and corporate strategists. 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. The Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. Contact Us| Additional pay could include bonus, stock, commission, profit sharing or tips. Braverman has also been retained for a transition period, according to the same SEC filing and 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. Disneys consulting agreement with Braverman to transition his duties is set to expire March 1 but can be extended by both parties. 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. Learn more about a Bloomberg Law subscription. The estimated total pay for a Counsel at Walt Disney Company is $222,997 per year. Copyright Office, last summer to be its head of public policy and government affairs. Source: Wikipedia (as of 04/11/2019). Our Standards: The Thomson Reuters Trust Principles. Disney will go through the sale process and realize any gains or losses on the sale of the property. Don't miss the crucial news and insights you need to make informed legal decisions. Braverman earned more than $13.7 million from Disney in 2019. 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. For its 2021 fiscal year, Walt Disney Co, listed the following board members on its annual proxy statement to the SEC. event : evt, To read the full story on Westlaw Today, click here: bit.ly/2Y1uPsu. 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. 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. 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. 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. 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