Compensation data tools, salary structures, surveys and benchmarks. } Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. 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. Iger stepped down as CEO in Feb. of 2020 to become executive chairman. 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. 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. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com; John Hughes at jhughes@bloombergindustry.com. 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. The estimated additional pay is $39,820 per year. The base salary for General Counsel ranges from $282,090 to $408,190 with the average base salary of $338,390. 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 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. "Horacio is an incredibly skilled. 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. Requires a Juris Doctor degree from an accredited law school and may require admittance to a state bar. })(); Disney Sued Over Alleged Patent Infringement for Genie and Genie+ Technologies. All Rights Reserved. Spotify hired Regan Smith, a former legal chief for the U.S. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. Location : Burbank, CA. 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 Both options are priced the same. Broken Arrow, OK, Stoney Creek Hotel & Conference Center, Broken Arrow, OK - See if they're hiring! .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $222,997 look to you? window.mc4wp = window.mc4wp || { For a real-time salary target, tell us more about your role in the four categories below. Signup for Breaking News Alerts & Newsletters, Get our latest storiesin the feed of your favorite networks. Mr. Gutierrez joins Disney from Spotify, where he has served as Head of Global Affairs and Chief Legal Officer. The estimated total pay for a Associate Principal Counsel at Walt Disney Company is $267,047 per year. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! He currently owns about $16.6 million in Disney stock, according to Bloomberg data. req.) 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. Braverman earned more than $13.7 million from Disney in 2019. View the job description, responsibilities and qualifications for this position. The estimated base pay is $163,094 per year. Your input helps Glassdoor refine our pay estimates over time. Terms of Service. The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. 13 General Counsel jobs available in Walt Disney World Resort, FL on Indeed.com. . 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. 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. Disneys consulting agreement with Braverman to transition his duties is set to expire March 1 but can be extended by both parties. Don't miss the crucial news and insights you need to make informed legal decisions. event : evt, The Burbank, California-based media and entertainment giant paid Alan Bravermanmore than $16.6 million for fiscal year 2021. Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. Get the latest market price for benchmark jobs and jobs in your industry. Oklahoma City,Tulsa,Norman, Recently searched related titles: In addition, General Counsel ensures that all company communications, contracts, documents, filings and press releases undergo a legal review. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. Receive small business resources and advice about entrepreneurial info, home based business, business franchises and startup opportunities for entrepreneurs. 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. 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. . 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. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The estimated base pay is $182,038 per year. Disney came out swinging itself in a statement earlier this morning, saying Peltz input would absolutely not be useful. Disney will go through the sale process and realize any gains or losses on the sale of the property. Proxies lays out pay for a companys highest paid corporate executives. Gutierrez was not one of Spotifys five highest-paid executives in 2021, according to a securities filing by the company earlier this month. 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. 2023 Deadline Hollywood, LLC. Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. 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. Disney's top lawyer is best-paid general. 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. 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. All Rights Reserved. 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.. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. Related Searches:All Counsel Salaries|All Walt Disney Company Salaries. Total cash compensation includes salary, bonuses and nonequity compensation (which the article defines as a bonus for a reason). 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. Copyright 2023 American Bar Association. Some related job titles areSenior Legal Counsel salaries with median pay of $231,266,Transactional Attorney salaries with median pay of $97,938,Vice President and Assistant General Counsel salaries with median pay of $220,283,Assistant General Counsel salaries with median pay of $182,060. 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. callback: cb 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. The average salary for a Deputy General Counsel is $158,886 per year in United States, which is 43% lower than the average Walt Disney Company salary of $280,468 per year for this job. The Walt Disney Company has hired Horacio Gutierrez as senior executive vice president, general counsel and corporate secretary, effective February 1. Jan. 20, 2022, 4:00 AM. Additional pay could include bonus, stock, commission, profit sharing or tips. 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 The estimated base pay is $163,261 per year. Your article was successfully shared with the contacts you provided. 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. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. 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Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. Disney's fiscal year ends Sept. 30. To view this content, please continue to their sites. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. 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. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. The estimated additional pay is $59,548 per year. forms: { 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). With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 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. You may also find the annual proxy statement by going directly to the company's website. 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. Get Salary Data on All Global Schwarz didnt respond to a request for comment. But just months into the job, the board has fired Bob Chapekthe man who . For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. 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. 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. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editor responsible for this story: Chris Opfer at copfer@bloomberglaw.com. January. 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. The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. 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