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  "documentTitle": "Trian Partners | Activist Presentation Deck | 133 slides",
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  "authorName": "Trian Partners",
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  "presentationDate": "2024-03-01 00:00:00",
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  "notes": "Uses a stacked bar chart to compare peer median compensation against various iterations of Iger's pay package.",
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      "kind": "chart",
      "text": "Mr. Iger’s Aggregate Compensation Under 4-Year Employment Extension",
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      "text": "Following significant shareholder discontent, the Compensation Committee amended Mr. Iger’s agreement twice",
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      "text": "The value of Mr. Iger’s $100 million special equity award remained unchanged, and even with these amendments, Mr. Iger remained eligible to receive far more than $200 million in compensation from FY18 to FY21",
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      "text": "Shareholders immediately objected to Mr. Iger’s pay package; at Disney’s 2018 Annual Meeting, Disney’s Say-on-Pay proposal received just 45% support",
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      "kind": "list",
      "text": "Upon announcement of the Fox deal, a new compensation package for Mr. Iger provided him a total compensation opportunity more than 2.5x the median of Disney’s General Industry Peers",
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      "kind": "quote",
      "text": "The substantial payments to Bob Iger in connection with his contract extension and the upcoming 21st Century Fox merger are concerning... The magnitude of the special equity grant ($100 million) is excessive...",
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      "kind": "source-note",
      "text": "Source: SEC filings. Note: (1) “Target Direct Compensation” reflects the target value of Mr. Iger’s base salary, annual bonuses and annual equity awards from FY18-FY21...",
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      "kind": "title",
      "text": "Ms. Lagomasino’s Tenure on Disney’s Comp. Committee Included Awarding of an Egregious CEO Pay Package",
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