• Granddaughter of Disney co-founder says Disney CEO's $65.6 million salary is ‘insane'

    By: Sarah Wilson

    Updated:

    The granddaughter of a Disney co-founder sounded off on Twitter Sunday, calling the $65.6 million salary that Disney CEO Bob Iger received last year “insane.”

    Abigail Disney, the granddaughter of Walt Disney’s brother Roy O. Disney, started the discussion over Disney’s pay disparities while speaking at the Fast Company Impact Council on Thursday. 

    Disney said that while she believes Iger is leading the company “brilliantly,” she believes some of that money could be better spent by raising wages of lower-paid Disney workers.

    READ: Disney now able to operate theme parks through solar energy

    “What on earth would be wrong with shifting some of the profits—the fruits of these employees‘ labor— to some folks other than those at the top?” she tweeted.

    Dividing up the millions of dollars given as bonuses to higher-ups among those on the bottom quarter of the company’s payroll, she said, could make a major difference in those workers’ lives.

    Disney expanded on her point in a 22-tweet thread, which you can read in full here.

    “Anyone who contributes to the success of a profitable company and who works full time to do so should not go hungry, should not ration insulin, and should not have to sleep in a car,” she said.

    Disney stressed that her opinions were hers alone and that she does not speak for her family or the Disney company.

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