'This company must do better,' she told Disney in a 25-tweet thread.
The granddaughter of Walt Disney’s late brother, Roy Disney, slammed the Walt Disney Co.’s DIS, +0.44% move to furlough more than 100,000 workers due to the COVID-19 pandemic — while still protecting some executive bonuses, according to a Financial Times report.
iframe.twitter-tweet { width: 100% !important; } “THIS COMPANY MUST DO BETTER,” she wrote in all-caps, asking Disney executives to give up some of their “already ample compensation” so the company can keep paying hourly employees. She called out former Disney CEO Bob Iger in particular, noting that his $47 million salary last year is more than 900 times the median Disney worker’s pay.
“Disney faces a rough couple of years, to be sure,” Abigail Disney added. “But that does not constitute permission to continue pillaging and rampaging by management.”Some Disney execs have taken pay cuts this year. Iger is forgoing his salary during the pandemic, and his successor as CEO, Bob Chapek, is taking a 50% cut to his base salary amid the outbreak, according to an email obtained by the Hollywood Reporter.
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