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Disney's outgoing CEO Bob Chapek to get $23 million as exit package: Report
short by Hiral Goyal / on Tuesday, 22 November, 2022
Disney's outgoing CEO Bob Chapek is likely to receive exit payments and benefits worth more than $23 million, Bloomberg reported. Chapek is entitled to collect a salary for the full duration of his term, even if he's ousted prematurely, as per his contract. He's also entitled to pension accumulated over his decades-long career at Disney, which stands at $16.9 million.
read more at Los Angeles Times