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. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. 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. Disney is located at 362839N 95113W / 36.47750N 95.02028W / 36.47750; -95.02028 (36.477501, -95.020272). Proxies lays out pay for a companys highest paid corporate executives. He is also entitled to $2000 per hour for any hour worked over 20 hours per month during this period. Copyright Office, last summer to be its head of public policy and government affairs. ); Both options are priced the same. 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. 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. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. See if they're hiring! Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. All proxy statements are public filings made available to the general public by the SEC. Cravath mostly matches Baker McKenzie bonuses; what about the class of 2015? 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. Total cash compensation includes salary, bonuses and nonequity compensation (which the article defines as a bonus for a reason). Thats a total exit payout of potentially $20.4 million. 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 Walt Disney Company has hired Horacio Gutierrez as senior executive vice president, general counsel and corporate secretary, effective February 1. For its 2019 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Research salary, company info, career paths, and top skills for Executive Counsel - Labor Relations Apply for the Job in Executive Counsel - Labor Relations at New York, NY. Disney is a town in Mayes County, Oklahoma, United States. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Log in to access all of your BLAW products. View the job description, responsibilities and qualifications for this position. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. For its 2021 fiscal year, Walt Disney Co, listed the following board members on its annual proxy statement to the SEC. To view this content, please continue to their sites. Source: Wikipedia (as of 04/11/2019). Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Disney's top lawyer is best-paid general. P.C. window.mc4wp.listeners.push( Location : Burbank, CA. 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. Disney media representatives didnt respond to requests for comment about the change in the compliance chief role or Bravermans future employment status. The Walt Disney Co. trimmed its longtime general counsel's pay package by roughly 34% last year as the media giant made cutbacks as a result of the coronavirus pandemic. on: function(evt, cb) { The hiring range for this position in Burbank, CA is: $139,910 - $181,060 per year. 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. 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. 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 came out swinging itself in a statement earlier this morning, saying Peltz input would absolutely not be useful. 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. 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. Braverman earned more than $13.7 million from Disney in 2019. The estimated additional pay is $39,820 per year. Average salaries for Walt Disney Company General Counsel: $181,832. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. } The information shown here is a reporting of information included in the company's proxy statement. Pay package for retiring general counsel an increase over 2020. 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. He currently owns about $16.6 million in Disney stock, according to Bloomberg data. Check out the latest Walt Disney Company Jobs. 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. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. Meet our President and CEO, as well as other McDonald's U.S. executive team members who continue to build our legacy and ensure our Golden Arches shine bright. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. Copyright 2023 ALM Global, LLC. How Law Firms Can Offer (and Monetize) The Solutions Clients Need Most, 10 Zen Ways to Manage Cash Flows with Contract Intelligence, Magic Quadrant for Contract Life Cycle Management, 6 Best Practices to Maximize Value From Vendor Contracts, Women, Influence & Power in Law UK Awards 2023, (NEW) EXPERIENCED LITIGATION ASSOCIATE WANTED FOR GROWING MULTI-OFFICE FIRM (Atlanta, GA). Braverman announced in July that he would retire at the end of 2021. Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. The estimated base pay is $182,208 per year. Average salaries for Walt Disney Company Deputy General Counsel: [salary]. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. Assistant General Counsel - Labor and Employment Litigation - Relocation to Chesapeake, VA, Arch Advisory Group - 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. 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. The estimated base pay is $163,094 per year. Braverman, who is perennially one of the highest-paid law department leaders in the U.S., and those top Disney executives received no bonuses last year. 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. 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. 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'. 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. The estimated base pay is $128,769 per year. The population was 311 at the 2010 census. Gutierrez, a former top lawyer at Spotify Technology SA, started Feb. 1 as Disneys law department leader. Braverman, who spent nearly two decades in the top legal chair at Disney, received almost $16.7 million in total compensation last year from the Burbank, Calif.-based company. Compensation data tools, salary structures, surveys and benchmarks. Search thousands of open positions to find your next opportunity. 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $280,468 look to you? The estimated additional pay is $98,430 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. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . The estimated additional pay is $59,737 per year. Your input helps Glassdoor refine our pay estimates over time. Our Team Account subscription service is for legal teams of four or more attorneys. 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 . About Us| Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. 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. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. Peltz said hell be running for a board seat. Average salaries for Walt Disney Company Senior Counsel: $183,266. Iger stepped down as CEO in Feb. of 2020 to become executive chairman. The base pay actually offered will take into account internal equity and also may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors. 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. 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). The estimated total pay for a Associate Principal Counsel at Walt Disney Company is $267,047 per year. https://www.law.com/corpcounsel/2022/01/20/walt-disney-general-counsel-alan-braverman-collects-16m-pay-package-before-retirement/. 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. Oklahoma City,Tulsa,Norman, Recently searched related titles: The situation was a bit confusing, as per the boards explanation, since it had just renewed Chapeks contract in June. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $280,468 per year. Disney recommends shareholder vote him down. Coronavirus Tips Working and Protection, For its 2019 fiscal year, Walt Disney Co, listed the following executives on its annual proxy statement to the SEC. Stoney Creek Hotel & Conference Center, Broken Arrow, OK -. As more law firms announce bonuses, some pay extra for higher hours. 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