See if they're hiring! 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. The information shown here is a reporting of information included in the company's proxy statement. 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. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Peltz said hell be running for a board seat. Schwarz didnt respond to a request for comment. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Thats a total exit payout of potentially $20.4 million. P.C. 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. Log in to access all of your BLAW products. Spotify legal chief Horacio Gutierrez will serve as Disney's new GC. 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 . The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. 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 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. 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $222,997 look to you? Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. The General Counsel reviews changes to law and regulations and advises management about any impact to the business. The activist investor also plans to submit a proposal that Disney revise its bylaws for which the company also advises a no vote. Get the latest market price for benchmark jobs and jobs in your industry. 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 proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Chapeks 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 plan compensation (like a cash bonus). } Trian bombarded Disney shareholders and CNBC viewers with degrees of company bashing all last week. Don't miss the crucial news and insights you need to make informed legal decisions. NEWS. Disney's top lawyer is best-paid general. 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. 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. Average The Walt Disney Company Associate General Counsel yearly pay in the United States is approximately $265,158, which is 133% above the national average. 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 estimated base pay is $163,094 per year. The Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. The estimated additional pay is $98,430 per year. Disney media representatives didnt respond to requests for comment about the change in the compliance chief role or Bravermans future employment status. 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. Alan Braverman received $16.7 million in total compensation. 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. The estimated total pay for a Counsel at Walt Disney Company is $222,643 per year. 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. 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. Bloomberg data shows that Braverman currently owns almost $19.1 million in Disney stock. 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). Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications, The Burbank, California-based media and entertainment giant paid. Your article was successfully shared with the contacts you provided. 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. Learn more about a Bloomberg Law subscription. Typically reports to CEO. Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Our Standards: The Thomson Reuters Trust Principles. Terms of Service. 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. Check out the latest Walt Disney Company Jobs. 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. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. } Horacio Gutierrez's contract will keep him at Disney through at least 2024. Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. Ex-lawyer who claimed wrongs by 'bar card lynch mob' charged with stabbing targeted attorney, How lawyers can pursue a 'wonderful life', Lawyer digs into big data for new legal thriller 'Code 6'. } 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. View the job description, responsibilities and qualifications for this position. See here for a complete list of exchanges and delays. 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. Braverman has also been retained for a transition period, according to the same SEC filing and Law360. All Rights Reserved. Provides guidance and counsel to management on business transactions and initiatives. 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. For its 2019 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. window.mc4wp.listeners.push( Cravath mostly matches Baker McKenzie bonuses; what about the class of 2015? 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. Getentrepreneurial.com: Resources for Small Business Entrepreneurs in 2022. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . 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 came out swinging itself in a statement earlier this morning, saying Peltz input would absolutely not be useful. Disney is a town in Mayes County, Oklahoma, United States. 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. Analyze the market and your qualifications to negotiate your salary with confidence. License our industry-leading legal content to extend your thought leadership and build your brand. 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. 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. 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. Your input helps Glassdoor refine our pay estimates over time. 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. 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. Both options are priced the same. Join Corporate Counsel now! 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. 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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. Salaries & Advice Salary Search Discover your earning potential; . Your input helps Glassdoor refine our pay estimates over time. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Jan. 20, 2022, 4:00 AM. 2023 Deadline Hollywood, LLC. 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. 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. 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. 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