We want to hear from you! 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. Location : Burbank, CA. Claremore, OK. Individualize employee pay based on unique job requirements and personal qualifications. Walt Disney Co annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Law Offices of Gary Martin Hays & Associates General Counsel Compensation by Ethnicity (All Companies) BURBANK, Calif., December 22, 2021 - Horacio Gutierrez has been named Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company (NYSE: DIS), it was announced today by Bob Chapek, Chief Executive Officer. Search thousands of open positions to find your next opportunity. 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. 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. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $222,997 look to you? The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. P.C. 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. 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. The value of Gutierrezs total remuneration package contingent on a range of factors being realized by the companys new legal chief. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. 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. Check out the latest Counsel Jobs or see Counsel Salaries at other companies. 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. The estimated base pay is $128,769 per year. Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. Not a Bloomberg Law Subscriber?Subscribe Now. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. Source: Wikipedia (as of 04/11/2019). The estimated base pay is $177,221 per year. 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, 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. callback: cb 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. All proxy statements are public filings made available to the general public by the SEC. Oklahoma City,Tulsa,Norman, Recently searched related titles: For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. } Despite its name, it is in no affiliation with the Walt Disney Company or Walt Disney himself. Disney came out swinging itself in a statement earlier this morning, saying Peltz input would absolutely not be useful. 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. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. 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. 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. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Disney disclosed a temporary consulting agreement with Braverman dated Jan. 7 that reveals he will be paid $40,000 for up to 20 hours of work each month with an extra $2,000 paid to him for each additional hour of service. The lawyer is Alan Braverman, who received a pay boost from about. Horacio Gutierrez landed one of the top legal jobs in the world last Decembergeneral counsel of The Walt Disney Co. 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 Board continued to spend significant time discussing the leadership of the Company in the months that followed and determined that Mr.Chapek was no longer the right person to serve in the CEO role. 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. Law Firm Partner, Salary estimation for General Counsel at companies like : 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. 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. 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. req.) 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. Give us feedback, share a story tip or update, or report an error. 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 General Counsel reviews changes to law and regulations and advises management about any impact to the business. Assistant General Counsel - Labor and Employment Litigation - Relocation to Chesapeake, VA, Arch Advisory Group - 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. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. The estimated additional pay is $59,737 per year. Schwarz didnt respond to a request for comment. Typically reports to CEO. The average General Counsel salary in Disney, Oklahoma is $337,490 as of October 27, 2022, but the salary range typically falls between $281,390 and $407,090. The population was 311 at the 2010 census. But just months into the job, the board has fired Bob Chapekthe man who . 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. Former head of corporate affairs Geoffrey Morell, who was hired in Jan of 2022 and terminated five months later, had a package worth $8.4 million. All quotes delayed a minimum of 15 minutes. 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. 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. The activist investor also plans to submit a proposal that Disney revise its bylaws for which the company also advises a no vote. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Broken Arrow, OK, Cage-Player Services Supervisor, Hard Rock Tulsa, OK, Cherokee Nation Businesses, LLC - 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. Hes set to make approximately $40,000 per month as a consultant for Disney from January 7 through at least March 1 or any other mutually agreed date. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. To read the full story on Westlaw Today, click here: bit.ly/2Y1uPsu. In September, Disney announced it would lay off 28,000 workers as the company sought to offset shrinking revenues from shuttered movie theaters and a resorts business struggling with fewer visitors. Stoney Creek Hotel & Conference Center, Broken Arrow, OK -. Chapek's 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. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. Broken Arrow, OK, Stoney Creek Hotel & Conference Center, Broken Arrow, OK - 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. How much does a General Counsel make in Disney, OK? Walt Disney Co income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. To view this content, please continue to their sites. Copyright Office, last summer to be its head of public policy and government affairs. Get Salary Data on All Global He also took a 30% salary cut from April 5 to Aug. 22, dropping his total salary from $1.66 million in 2019 to $1.58 million in fiscal year 2020. 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. The estimated additional pay is $98,430 per year. Responsible for the development of functional or business unit strategy for the entire organization. The Walt Disney Company has hired Horacio Gutierrez as senior executive vice president, general counsel and corporate secretary, effective February 1. forms: { Salaries & Advice Salary Search Discover your earning potential; . Disney has tapped Horacio Gutierrez head of Global Affairs and chief legal officer at Spotify as senior executive VP, general counsel and secretary, succeeding longtime Disney veteran. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Site Map, Advertise| 2023 Deadline Hollywood, LLC. Your article was successfully shared with the contacts you provided. 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. Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. . How much does a General Counsel make in Disney, OK? https://www.law.com/corpcounsel/2022/01/20/walt-disney-general-counsel-alan-braverman-collects-16m-pay-package-before-retirement/. Send us a tip using our annonymous form. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . Disney's top lawyer is best-paid general. 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. Catoosa, OK, Onin Staffing - listeners: [], 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. Plans and directs all aspects of an organization's legal affairs and ensures all business policies and activities are managed correctly and in compliance with current laws. In addition, General Counsel ensures that all company communications, contracts, documents, filings and press releases undergo a legal review. Braverman earned more than $13.7 million from Disney in 2019. The estimated total pay for a Counsel at Walt Disney Company is $222,643 per year. 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. Spotify general counsel Eve Konstan is now the companys top lawyer. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Apply today at CareerBuilder! As such, it noted CFO Christine McCarthys package totaled $20.2 million; General Counsel Horacio Gutierrez $15 million; HR chief Paul Richardsons $5 million; and comms chief Kristina Schake $6.2 million. Additional pay could include bonus, stock, commission, profit sharing or tips. { Our Standards: The Thomson Reuters Trust Principles. 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. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. See if they're hiring! 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. The estimated base pay is $163,261 per year. Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. All Rights Reserved. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. This report is not for commercial use. Gutierrez was not one of Spotifys five highest-paid executives in 2021, according to a securities filing by the company earlier this month. About Us| 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. 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 estimated total pay for a Counsel at Walt Disney Company is $222,997 per year. He currently owns about $16.6 million in Disney stock, according to Bloomberg data. 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. 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. 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. Defines corporate vision and strategy establishes company direction and focus. Disney will go through the sale process and realize any gains or losses on the sale of the property. 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. 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