LOS ANGELES >> Robert Iger, the CEO of Walt Disney Co., saw his total compensation decline 17 percent in the recently concluded fiscal year to $36.3 million, according to the company’s proxy statement filed Friday with the Securities and Exchange Commission. The drop from last year’s $43.9 million was due in part to a smaller cash bonus to Iger that Disney said was the result of an “absence of growth” in the fiscal year.
Iger, 66, who has extended his contract with Disney to 2021, received a base salary of $2.5 million, a performance-based bonus of $15.2 million and equity-based compensation worth $17.3 million.
Largest passenger plane may end production
The days may be numbered for the world’s largest passenger aircraft.
Airbus, the European aerospace group that makes the A380 superjumbo, said Monday it would have to end production of the plane if its only major customer, Emirates, did not order more.
The A380 can carry more than 500 passengers while also offering amenities like showers, first-class suites and a bar.
Fiat Chrysler CEO to step down next year
DETROIT >> Fiat Chrysler CEO Sergio Marchionne says he’ll step down next year after leading the combined company since 2009. Marchionne, 65, said Monday at the Detroit auto show that a successor will be named sometime after that.
Candidates include Mike Manley, who leads the company’s Ram and Jeep brands, and Reid Bigland, who leads the Alfa Romeo and Maserati brands and U.S. sales.
ON THE MOVE
Girl Scouts of Hawaii has announced the following three women as their 2018 Women of Distinction, who will be honored at their dinner at 5:30 p.m. March 9 at Hilton Hawaiian Village’s Coral Ballroom:
>> Catherine Camp is director of planning and development of Kamehameha School’s Commercial Real Estate Department. She also serves on the Child & Family Service board of directors, is a board member of the Girl Scouts and is a trustee at Palama Settlement.
>> Alicia Moy is president and chief executive officer of Hawaii Gas. She also is a member of the Hawaii Business Roundtable and Young President’s Organization, serves on the board of directors for Bank of Hawaii and Macquarie Renewable Energy Holdings, serves on the boards of Aloha United Way and the Chamber of Commerce of Hawaii, and was recently appointed to the board of the Workforce Development Council.
>> Denise Hayashi Yamaguchi is chief executive officer and founder of the Hawaii Food & Wine Festival as well as executive director of the Hawaii Agricultural Foundation. She also is a board member of the East-West Center Foundation and a member of the Hawaii Tourism Authority board of directors.
