EISNER SEES GREEN IN DISNEY SUCCESS.Byline: Jesse Hiestand Staff Writer BURBANK - For guiding The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. through a rebound year, its Chief Executive Officer Michael D. Eisner got an $11.5 million bonus, Disney said Friday in a filing with the Securities and Exchange Commission. That comes on top of an annual salary of $813,462 and 2 million shares in Disney Internet Group. ``The company had a very strong year in fiscal 2000, and the bonus reflects that,'' said company spokeswoman Christine Castro. ``Bonuses are based on the performance of the company.'' Eisner got no bonus last year when profits dropped. In fiscal 2000, Disney's profits rose 26 percent to more than $2 billion on the strength of its theme parks and entertainment division, especially the ABC television ABC Television may refer to:
``What I found most remarkable about 2000 was that our robust growth was achieved with just two of the cylinders firing at 100 percent,'' Eisner said in a letter to shareholders in the company's just-released annual report. ``I find it very exciting to ponder Ponder - A non-strict polymorphic, functional language by Jon Fairbairn <jf@cl.cam.ac.uk>. Ponder's type system is unusual. It is more powerful than the Hindley-Milner type system used by ML and Miranda and extended by Haskell. what this vehicle can achieve when all five cylinders are fully and harmoniously functioning at peak performance.'' Disney's stock closed up $2.06 to $31.56 on trading Friday on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Payment on $3 million of Eisner's bonus will be deferred until 2004. His salary last year was $750,000. Second in command President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Robert A. Iger received a salary of $1.08 million and a $5 million bonus plus 100,000 shares of the Internet stock Internet stock The equity security of a company engaged primarily in a business associated with the Internet. Also called dot-com. . Iger also gets $3.1 million for obligations under prior employment agreements and deferred salary. Sanford M. Litvack, vice chairman of the board, received $787,500 in salary, a $2 million bonus and 400,000 shares in Disney stock. |
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