The base salary for General Counsel ranges from $282,090 to $408,190 with the average base salary of $338,390. The average salary for a Counsel is $162,080 per year in United States, which is 27% lower than the average Walt Disney Company salary of $222,997 per year for this job. Walt Disney Co annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Braverman didnt respond to a request for comment about his potential post-Disney plans, succession planning for the legal chief position, or promotion of Schwarz to compliance chief. Some related job titles areSenior Legal Counsel salaries with median pay of $231,266,Transactional Attorney salaries with median pay of $97,938,Vice President and Assistant General Counsel salaries with median pay of $220,283,Assistant General Counsel salaries with median pay of $182,060. This report is not for commercial use. The estimated base pay is $177,221 per year. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $222,997 look to you? window.mc4wp.listeners.push( Send us a tip using our annonymous form. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? The total cash compensation, which includes base, and annual incentives, can vary anywhere from $355,390 to $601,290 with the average total cash compensation of $458,190. 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. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. The estimated total pay for a Deputy General Counsel at Walt Disney Company is $280,468 per year. We want to hear from you! Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. Alan Braverman received $16.7 million in total compensation. Horacio Gutierrez landed one of the top legal jobs in the world last Decembergeneral counsel of The Walt Disney Co. The estimated total pay for a Associate Principal Counsel at Walt Disney Company is $267,047 per year. Braverman announced in July that he would retire at the end of 2021. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. For its 2020 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. For its 2021 fiscal year, Walt Disney Co, listed the following board members on its annual proxy statement to the SEC. 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. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. } } . Braverman has also been retained for a transition period, according to the same SEC filing and Law360. 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. 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. The estimated base pay is $182,038 per year. The significant developments and change in the broader macroeconomic environment over this period informed how the Board viewed the appropriate leader in light of the rapidly evolving industry and market dynamics. As more law firms announce bonuses, some pay extra for higher hours. Site Map, Advertise| To read the full story on Westlaw Today, click here: bit.ly/2Y1uPsu. 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. Those individuals include senior executive vice president, general counsel, and corporate secretary Alan Braverman, whose total pay last year dropped to $9.2 million, including nearly $1.6 million in cash and almost $6.9 million in stock awards. DISNEY (WALT) CO Fiscal Year Ended in 2021 View local and national averages for salaries $1,799,000 Base Pay $7,000,000 Bonus + Non-EquityIncentive Comp $8,799,000 Total Cash Comp $4,543,772 Stock Award Value $3,221,042 Option Award Value $7,764,814 Total Equity $97,050 Total Other $16,660,864 Total Compensation Enter an executive or company name All rights reserved. The estimated additional pay is $39,820 per year. Contact Us| Braverman, like Disneys other executives, didnt get a performance-based bonus in fiscal year 2020, according to a Tuesday U.S. Securities and Exchange Commission filing. The Walt Disney Co.'s longtime top lawyer Alan Braverman saw his total pay increase significantly during his final year at the . Executes multiple high impact initiatives to achieve overall corporate goals. For its 2019 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. listeners: [], Disneys consulting agreement with Braverman to transition his duties is set to expire March 1 but can be extended by both parties. Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. (function() { Disney's fiscal year ends Sept. 30. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Read more from. } 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. She was promoted to assistant general counsel in 2018. 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. 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. 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. Average salaries for Walt Disney Company General Counsel: $181,832. 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. The lawyer is Alan Braverman, who received a pay boost from about. Apply today at CareerBuilder! Assistant General Counsel - Labor and Employment Litigation - Relocation to Chesapeake, VA, Arch Advisory Group - Salary Estimate Encouraged to Apply Location Company Experience Level Education The Walt Disney Company Disney Counsel jobs Upload your resume - Let employers find you Disney Counsel jobs Sort by: relevance - date 25 jobs 1 2 Resume Resources: Resume Samples - Resume Templates Career Resources: Career Explorer - Salary Calculator Proxies lays out pay for a companys highest paid corporate executives. The estimated additional pay is $59,737 per year. reports. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . Gutierrez was not one of Spotifys five highest-paid executives in 2021, according to a securities filing by the company earlier this month. 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. ESPN also promoted former assistant chief counsel Rosetta Ellis-Pilie to be its vice president of talent development and negotiations as of May 1, 2021. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. 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. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. See if they're hiring! Give us feedback, share a story tip or update, or report an error. { 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. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. For a real-time salary target, tell us more about your role in the four categories below. Disney recommends shareholder vote him down. The estimated base pay is $163,261 per year. 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. Braverman, who spent nearly two decades in the top legal chair at Disney, received almost $16.7 million in total compensation last year from the Burbank, Calif.-based company. Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. But just months into the job, the board has fired Bob Chapekthe man who . Some related job titles areAttorney salaries with median pay of $139,649,Attorney (In-house Counsel) salaries with median pay of $138,774,Lawyer salaries with median pay of $109,542,Senior Counsel salaries with median pay of $256,946. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications, The Burbank, California-based media and entertainment giant paid. Chapek, who exited abruptly in November, is entitled to just over $6.5 million in remaining base salary through the scheduled expiration date of his employment agreement, just over $1 million equivalent to apro-ratedtarget bonus for fiscal 2023, as well as $12.6 million in restricted stock units. 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. BREAKING: Splash Mountain Finally Reopens at Magic Kingdom After Refurbishment & Unexplained Downtime. req.) In addition, General Counsel ensures that all company communications, contracts, documents, filings and press releases undergo a legal review. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . Broken Arrow, OK, Stoney Creek Hotel & Conference Center, Broken Arrow, OK - For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. The estimated base pay is $163,094 per year. Horacio Gutierrez's contract will keep him at Disney through at least 2024. Get Salary Data on All Global Chapek's package included: $2.5 million base salary; $10.8 million in stock awards; $8.5 million in options awards; and $6.75 million in non-equity incentive. 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. Despite the big paychecks, the overall total cash compensation for the top 100 general counsel declined nearly 2 percent in 2015. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Chapeks package included: $2.5 million base salary; $10.8 million in stock awards; $8.5 million in options awards; and $6.75 million in non-equity incentive plan compensation (like a cash bonus). General Counsel works for the top 100 General Counsel works for the top legal jobs the! 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