Josh D’Amaro is poised for a huge pay increase when he takes over the Disney CEO job next month. The current Experiences Chairman will receive a pay package worth more than $38 million in his first year, according to documents filed with the Securities and Exchange Commission (SEC). Here’s the breakdown.
Josh D’Amaro Salary as New Disney CEO
In an 8-K filing with the SEC, The Walt Disney Company outlined the base salary and compensation package for incoming CEO Josh D’Amaro. While taking the reins of one of the most important companies in America is surely payment enough, D’Amaro will be handsomely compensated. Here’s the breakdown.
D’Amaro’s base salary as CEO will be $2.5 million per year. This is the exact same amount as former CEO Bob Chapek, but more than the $1 million per year salary that current CEO Bob Iger collects.
From there, D’Amaro will receive a one-time long-term incentive award with a target value of $9,705,000. That brings his compensation package up to $12,205,000, but we’re not done there.
D’Amaro will be eligible for a long-term incentive award of $26,250,000 for each fiscal year that he is CEO. Each year, the Compensation Committee of the Board will be able to adjust (increase or decrease) that amount based on its evaluation of D’Amaro’s performance as CEO.
Iger’s long-term incentive award is currently $25 million, whereas Chapek had a long-term incentive award of just $15 million.
D’Amaro’s total compensation package totals $38,455,000 for his first year as CEO.
In 2025, Iger collected $45.8 million. In 2024, Iger collected $41.1 million. In his (nearly) full first year back with the company in fiscal year 2023, Iger collected $31.6 million.
Additionally, D’Amaro will be eligible for an annual, performance-based bonus worth up to 250% of his annual base salary. That would be up to $8,750,000 in annual bonus.
D’Amaro’s topline bonus of 250% is actually less than the 300% that Chapek was entitled to, but more than the 100% bonus that Iger currently enjoys.
Josh D’Amaro takes over as CEO of The Walt Disney Company on March 18, 2026.
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