DEFA14A 1 a20-11876_1defa14a.htm DEFA14A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

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We disagree with their assessment. Mr. Iger’s compensation in fiscal 2019 reflected the considerable value he generated for the company and its shareholders, with the completion of the acquisition of Twenty-First Century Fox and implementation of the company’s transformative direct-to-consumer strategy, culminating in the successful launch of Disney+. More than 90% of Mr. Iger’s compensation is performance-based, and under his leadership since 2005, Disney has delivered total shareholder return of 559%, compared to just 223% for the S&P 500 as of fiscal year-end 2019.