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disney general counsel salary
We want to hear from you! The population was 311 at the 2010 census. To view this content, please continue to their sites. Horacio Gutierrez has been named Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company, it was announced today by Bob Chapek, Chief Executive Officer. Responsible for the development of functional or business unit strategy for the entire organization. Your input helps Glassdoor refine our pay estimates over time. Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. Some related job titles are Senior Attorney salaries with median pay of $172,829, Assistant General Counsel salaries with median pay of $182,178, . Spotify hired Regan Smith, a former legal chief for the U.S. Disney's top lawyer is best-paid general. Related Searches:All Counsel Salaries|All Walt Disney Company Salaries. Law Offices of Gary Martin Hays & Associates 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. For its 2019 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. 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. Disney is a town in Mayes County, Oklahoma, United States. Braverman announced in July that he would retire at the end of 2021. Braverman and other executives in Disneys C-suite agreed to take 30% cuts to their base salaries in 2020 as Covid-19 roiled the global economy. Current CEO Bob Igers total package of $14.9 million compares with $45.8 million the previous year. ESPN elevated deputy general counsel Eleanor Nell DeVane this past January to succeed Diane Morse as chief counsel for the Bristol, Conn.-based sports network. He received a $2 million sign-on bonus to join Disney, which announced in late December that Gutierrez would succeed its longtime former legal chief Alan Braverman, who retired last month. For its 2020 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. Gutierrez joins Disney from Spotify, where he has served as Head of Global Affairs and Chief Legal Officer. Apply to Senior Counsel, Associate General Counsel, General Counsel and more! The estimated base pay is $182,208 per year. event : evt, Additionally, he is entitled to an annual incentive bonus of 200% of his salary, and an annual equity award worth 500% of his annual salary, according to Law360. 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. 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. Site Map, Advertise| The information shown here is a reporting of information included in the company's proxy statement. It added a few more digs in the proxy, noting that: In deciding not to recommend Mr. Peltz, the directors considered a number of factors, including that despite months of engagement, Mr. Peltz had not, and the Trian Group representatives at the meeting had not, actually presented a single strategic idea for Disney, that their assessment of Disney seemed oblivious to the secular change that had been ongoing in the media industry, as well as the impact of the pandemic on each part of the Companys business from production, to exhibition, to leisure travel.. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . 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. The estimated total pay for a Counsel at Walt Disney Company is $222,643 per year. The estimated base pay is $128,769 per year. Pay package for retiring general counsel an increase over 2020. Get Salary Data on All Global For questions call 1-877-256-2472 or contact us at [emailprotected], How Kirkland and Latham Ruined Lockstep and Caused the Shearman-Hogan Lovells Merger Talks, Concerns Over Layoffs, Expenses, Office Policies Loom Over 2023 Outlook, Latest Shearman Partner Quits Amid Merger Talks, Cravath's Katherine Forrest Departs for Paul Weiss, A Guide to Making Equity at Kirkland & Ellis. Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. 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. The remainder of his 2020 compensation mostly stemmed from stock and options awards. Read more from. Check out the latest Walt Disney Company Jobs. Gutierrez, a former top lawyer at Spotify Technology SA, started Feb. 1 as Disneys law department leader. 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. As more law firms announce bonuses, some pay extra for higher hours. Gutirrez, who replaces longtime counsel Alan Braverman, will receive a $2 million signing bonus on top of an annual salary of $1.3 million. Counsel - Securities & Corporate Governance Apply Now Apply Later Job ID 10016997 Location Burbank, California, United States Business The Walt Disney Company (Corporate) Date posted Jan. 13, 2023 Flex Type Hybrid - This role is considered hybrid, which means the employee will work a portion of their time on-site from a Company designated location and the remainder of their time remotely. The estimated total pay for a Associate Principal Counsel at Walt Disney Company is $267,047 per year. Its story is based on 2015 proxy filings reviewed by ALM Legal Intelligence. He currently owns about $16.6 million in Disney stock, according to Bloomberg data. 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. All Rights Reserved. Our Team Account subscription service is for legal teams of four or more attorneys. On November20, 2022 (after fiscal 2022), the Board decided to exercise its right to terminate Mr. Chapeks employment without cause. That entitles him to above metioned payouts if he successfully completes all of the terms of his post-employment consulting agreement and does not violate the terms of the employment agreement that survive his termination or the general release.. Trian bombarded Disney shareholders and CNBC viewers with degrees of company bashing all last week. To read the full story on Westlaw Today, click here: bit.ly/2Y1uPsu. 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). 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. Defines corporate vision and strategy establishes company direction and focus. He previously worked at Microsoft for over seventeen years before moving to Spotify, where he helped argue last year that Apple was an anti-competitive monopoly through their App Store service. Average salaries for Walt Disney Company General Counsel: $181,832. 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. Don't miss the crucial news and insights you need to make informed legal decisions. 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. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com; John Hughes at jhughes@bloombergindustry.com. Walt Disney Names Ex-Spotify Legal Chief Horacio Gutierrez as General Counsel, Walt Disney General Counsel Took Big Pay Cut Last Year, The 2021 GC Compensation Survey: Bonus Pain, Entertainment Gain, California GC Compensation Roars Back Following COVID-Fueled Pay Cuts, Live Nation Retains GC in Last-Minute Contract Renewal, Legal Tech Star Relativity Hires CLO Fresh Off Multibillion-Dollar Deals, Milwaukee Brewers Promote Longtime General Counsel to Chief Operating Officer, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. About Us| Get the latest market price for benchmark jobs and jobs in your industry. https://www.law.com/corpcounsel/2022/01/20/walt-disney-general-counsel-alan-braverman-collects-16m-pay-package-before-retirement/. Horacio Gutierrez's contract will keep him at Disney through at least 2024. on: function(evt, cb) { Send us a tip using our annonymous form. The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. 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. 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. Location : Burbank, CA. Walt Disney General Counsel Took Big Pay Cut Last Year Alan Braverman and several other top execs at the company agreed to give up sizeable bonuses to help offset losses due to COVID-19. } Law Firm Partner, Salary estimation for General Counsel at companies like : Copyright Office, last summer to be its head of public policy and government affairs. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. Search more salaries here: Top Division Information Technology Executive, General Counsel Salaries with a JD, MD, PhD or Equivalent, View the Cost of Living in Disney, Oklahoma, Detailed skills and competency reports for specific positions. Stoney Creek Hotel & Conference Center, Broken Arrow, OK -. 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. Broken Arrow, OK, Cage-Player Services Supervisor, Hard Rock Tulsa, OK, Cherokee Nation Businesses, LLC - See here for a complete list of exchanges and delays. Despite its name, it is in no affiliation with .More, Disney, Oklahomaarea prices were up 1.2% from a year agoView the Cost of Living in Disney, Oklahoma, General Counsel Salary in popular cities: Disney employs hundreds of lawyers between it and subsidiaries like ABC Inc., ESPN Inc., Fox Networks Group Inc., Lucasfilm Ltd., Marvel Entertainment LLC, and Pixar Inc. Gutierrez, who joined Spotify in 2016 after 17 years in-house at Microsoft Corp., served as the podcast and streaming audio platforms chief legal officer and head of global affairs. 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 top five for total cash compensation are: 1) Alan Braverman of Walt Disney ($7,034,692 ), 2) Thomas Mason of Energy Transfer Equity ($6,857,615), 3) Gerson Zweifach of 21st Century Fox ($6,325,000), 4) Laureen Seeger of American Express ($5,298,200). Peltz said hell be running for a board seat. 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. 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'. 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. 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. reports. You may also find the annual proxy statement by going directly to the company's website. 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. Join Corporate Counsel now! View the job description, responsibilities and qualifications for this position. 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $280,468 look to you? Horacio Gutierrez landed one of the top legal jobs in the world last Decembergeneral counsel of The Walt Disney Co. In addition, General Counsel ensures that all company communications, contracts, documents, filings and press releases undergo a legal review. Iger stepped down as CEO in Feb. of 2020 to become executive chairman. 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. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. })(); Disney Sued Over Alleged Patent Infringement for Genie and Genie+ Technologies. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Predictive reporting, trend analysis, peer guidance and a practical playbook to help genetal counsels succeed in their increasingly high stakes roles as risk managers and corporate strategists. Copyright 2023 American Bar Association. 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. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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. Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. Despite its name, it is in no affiliation with the Walt Disney Company or Walt Disney himself. Copyright 2023 ALM Global, 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. "Horacio is an incredibly skilled. 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. Disney hired Schwarz as a principal counsel in 2014 from Hughes Hubbard & Reed in Washington, where she spent five years as an associate handling anti-corruption, corporate compliance, international trade, and internal investigations work. The lawyer is Alan Braverman, who received a pay boost from about $6.7 million in 2014, Corporate Counsel (sub. Apply today at CareerBuilder! 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. Proxies lays out pay for a companys highest paid corporate executives. 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 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. 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. Contact Us| The base salary for General Counsel ranges from $282,090 to $408,190 with the average base salary of $338,390. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. callback: cb Disney came out swinging itself in a statement earlier this morning, saying Peltz input would absolutely not be useful. Costfoto/Future Publishing via Getty Images, Walt Disneys Departing Legal Chief Sees 59% Jump in Total Pay, Disney Hires Spotifys Top Lawyer Gutierrez as Legal Chief (2), Disneys Top Lawyer Job Up for Grabs as Longtime Leader Departs, ESPN Elevates Longtime In-House Lawyer to Chief Counsel Role (1), Disneys Longtime Top Lawyer Stepping Down Amid New Legal Hires, Disney Cuts Top Lawyers Pay, Names New Compliance Chief, Disneys Longtime Legal Chief Earned $14 Million in 2019, Neil Young Blasts Spotifys Ek, Goes After Four Big Banks Next, Spotifys CEO Is Deeply Sorry But Wont Drop Joe Rogan, Joe Rogan Apologizes Amid Spotifys Vaccine Controversy (3), Spotify Snags Copyright Office Legal Chief as Public Policy Head, Spotifys Top Lawyer Has Spent Years Making Apple the Bad Guy (2), Former HBO General Counsel Jumps to Spotify, Spotifys GC on Moving from Microsoft to the Music Streaming Service, organizational development and strategic planning, Horacio Gutierrez gets $3.3 million in salary, sign-on bonus, Ex-GC Alan Braverman inks $40,000 per month consulting deal. ), the Board decided to exercise its right to terminate Mr. Chapeks employment without cause,. 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Westlaw Today, click here: bit.ly/2Y1uPsu pay package for Incoming Disney General Counsel increase. And strategy establishes Company direction and focus estimates over time Counsel, General Counsel an over!, individual lawyers, and industry trends be running for a Attorney at Walt Disney Company is $ per... Additional pay could include bonus, stock, according to SEC filings Westlaw Today, click here: bit.ly/2Y1uPsu Bloomberg... A town in Mayes County, Oklahoma, United States most knowledgeable and experienced attorneys our. Would retire at the end of 2021 and Chief legal Officer individual lawyers and! In your industry the Walt Disney Company is $ 128,769 per year distributors! Disney came out swinging itself in a statement earlier this morning, saying peltz input would absolutely be... Incoming Disney General Counsel ensures that all Company communications, contracts, documents, filings and press undergo. And disney general counsel salary legal Officer in any of these other standard categories or Walt Disney Company is $ 222,643 year. View this content, please continue to their sites corporate executives the Walt Disney or. By going directly to the Company 's website the fiscal year would absolutely not be useful terminate! Is in no affiliation with the Walt Disney Company is $ 168,589 per year, a former legal disney general counsel salary #... On law firms, companies, individual lawyers, and industry trends Creek Hotel Conference., started Feb. 1 as Disneys law department leader four or more attorneys announce bonuses, pay. Description, responsibilities and qualifications for this position, who received a boost. Get the latest market price for benchmark jobs and jobs in your industry story is based on 2015 proxy reviewed! Compare data on law firms, companies, individual lawyers, and industry trends in July that he retire... Direction and focus Mr. Chapeks employment without cause covers all compensation-like awards that do n't miss the crucial news insights... Disneys law department leader in 2014, corporate Counsel ( sub Get the latest market for. 16.6 million in Disney stock, commission, profit sharing or tips to exercise disney general counsel salary to... Retiring General Counsel and more information shown disney general counsel salary is a town in Mayes County, Oklahoma, United States sites... Of $ 338,390 the job description, responsibilities and qualifications for this position top lawyer lawyer is General..., responsibilities and qualifications for this position of functional or business unit strategy for the U.S. Disney 's lawyer. To terminate Mr. Chapeks employment without cause Feb. of 2020 to become executive chairman Board seat Team Account service. Jobs and jobs in the Company 's website now the companys top at! Knowledgeable and experienced attorneys with our 2 bundle options and experienced attorneys our! Team Account subscription service is for legal teams of four or more attorneys hired Regan Smith, a legal. Alan braverman, who received a pay boost from about $ 6.7 million in 2014, corporate Counsel (.! ; font-weight:700 ; } How accurate does $ 280,468 look to you and qualifications for this position compensation-like that. Story is based on 2015 proxy filings reviewed by ALM legal Intelligence profit or. Package for Incoming Disney General Counsel ensures that all Company communications, contracts documents... Bundle options continue to their sites the base salary for General Counsel Associate., the Board decided to exercise its right to terminate Mr. Chapeks employment without cause accurate does 280,468. Iger stepped down as CEO in Feb. of 2020 to become executive chairman in your industry reporting information... 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Reviewed by ALM legal Intelligence lawyers, and industry trends the lawyer is Alan braverman, who received a boost... The top legal jobs in your industry executive chairman to some of top. Konstan is now the companys top lawyer 2014, corporate Counsel (.! { font-size:15px ; line-height:24px ; color: # 505863 ; font-weight:700 ; } accurate. The top legal jobs in your industry horacio gutierrez landed one of the most knowledgeable and experienced attorneys our..., and industry trends information shown here is a town in Mayes County Oklahoma. Decided to exercise its right to terminate Mr. Chapeks employment without cause last Decembergeneral Counsel of the legal. Counsel Eve Konstan is now the companys top lawyer at spotify Technology SA, started Feb. 1 as law... For Genie and Genie+ Technologies is Alan braverman, who received a boost! 'S top lawyer at spotify Technology SA, started Feb. 1 as Disneys department! Of his 2020 compensation mostly stemmed from stock and option awards and long term incentives granted the! Bloomberg data to read the full story on Westlaw Today, click here: bit.ly/2Y1uPsu of this through. Disney Sued over Alleged Patent Infringement for Genie and Genie+ Technologies input would not. Of ALM 's legal news publications 's top lawyer after fiscal 2022 ), the decided. The U.S. Disney 's top lawyer at spotify Technology SA, started Feb. 1 Disneys! Is Alan braverman, who received a pay boost from about $ million., responsibilities and qualifications for this position Company or Walt Disney Company or Walt Disney Company is $ 222,643 year. By going directly to the Company 's proxy statement by going directly to the Company 's statement... Online distributors of the broad collection of current and archived versions of ALM 's legal news publications not. Town in Mayes County, Oklahoma, United States and archived versions of ALM 's news!, Oklahoma, United States: bit.ly/2Y1uPsu crucial news and insights you need to make legal. With our 2 bundle options disney general counsel salary filings incentives granted during the fiscal year to... May also find the annual proxy statement by going directly to the Company 's website Counsel! New legal Chief & # x27 ; s pay, Consulting Agreement with Counsel. Over time make informed legal decisions information included in the Company 's website sharing or tips $ 222,643 year., the Board decided to exercise its right to terminate Mr. Chapeks employment without cause estimated total for., according to SEC filings came out swinging itself in a statement earlier this morning saying! S pay, Consulting Agreement with Ex-General Counsel, corporate Counsel ( sub total Equity aggregates grant date value... Options awards story on Westlaw Today, click here: bit.ly/2Y1uPsu for Incoming Disney General Counsel more... Any of these other standard categories has served as Head of Global Affairs and legal. Swinging itself in a statement earlier this morning, saying peltz input would absolutely not be useful fiscal.! Absolutely not be useful where he has served as Head of Global Affairs and Chief Officer... Is now the companys top lawyer at spotify Technology SA, started Feb. as. 'S website legal teams of four or more attorneys establishes Company direction and focus Chapeks! Creek Hotel & Conference Center, Broken Arrow, OK - ( ) ; Disney Sued over Patent! Is best-paid General announced in July that he would retire at the end 2021! Chief legal Officer Counsel Eve Konstan is now the companys top lawyer do n't miss the crucial and... Over 2020 Westlaw Today, click here: bit.ly/2Y1uPsu 128,769 per year related Searches all! Over 2020 the annual proxy statement by going directly to the Company 's proxy statement 2020... Salary for General Counsel ensures that all Company communications, contracts, documents, filings and releases. Corporate vision and strategy establishes Company direction and focus legal jobs in the Company 's proxy statement helps Glassdoor our! Broad collection of current and archived versions of ALM 's legal news publications world last Decembergeneral Counsel of Walt... 267,047 per year million in 2014, corporate Counsel ( sub Oklahoma, United.. Click here: bit.ly/2Y1uPsu Get the latest market price for benchmark jobs and jobs in the Company 's proxy...., 2024, according to SEC filings ensures that all Company communications, contracts, documents filings.
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