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  "presentationDate": "2021-02-01 00:00:00",
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  "notes": "The slide uses a two-column layout to contrast CEO compensation structure changes with broader NEO compensation results.",
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      "text": "CEO Compensation Structure: The Compensation Committee thoughtfully evaluated CEO compensation as part of the succession planning process; Mr. Chapek's target compensation was set considerably below Mr. Iger's compensation, aligning it with the 25th percentile of industry peers; The Compensation Committee set Mr. Chapek's LTI mix so that 50% of the award is comprised of PBUs; In connection with his promotion to CEO, Mr. Chapek was granted a mix of PBUs*, restricted stock units and options (with majority in PBUs) to further align his target equity value with shareholder interests",
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      "text": "NEO Compensation Results: The Committee made several adjustments to executive pay in light of the impact of COVID-19, including a temporary reduction to NEO base salaries (or in the case of Mr. Iger, $0 salary through the end of the fiscal year) and awarding $0 bonuses to NEOs for fiscal 2020 despite achievement of certain performance metrics; 38% of the performance-based restricted stock grant vesting in December 2020 was forfeited based on three-year TSR and EPS, as compared to the S&P 500; Performance-based restricted stock units granted in fiscal 2020 also resulted in no value related to the first year of the ROIC portion of the grant",
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      "text": "1. See note 1 on slide 5\n2. Effective with the payroll period commencing April 5, 2020",
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