} Get the latest market price for benchmark jobs and jobs in your industry. Disney media representatives didnt respond to requests for comment about the change in the compliance chief role or Bravermans future employment status. Gutierrez joins Disney from Spotify, where he has served as Head of Global Affairs and Chief Legal Officer. View the job description, responsibilities and qualifications for this position. About Disney, OklahomaDisney is a town in Mayes County, Oklahoma, United States. 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. Total cash compensation includes salary, bonuses and nonequity compensation (which the article defines as a bonus for a reason). He also took a 30% salary cut from April 5 to Aug. 22, dropping his total salary from $1.66 million in 2019 to $1.58 million in fiscal year 2020. Counsel yearly salaries in the United States at The Walt Disney Company Job Title Counsel Location United States Average salary $137,219 per year 47% Above national average Average $137,219 Low $35,000 High $306,000 Salary estimated from 9 employees, users, and past and present job advertisements on Indeed in the past 36 months. window.mc4wp.listeners.push( Despite the dip in total compensation, Braverman sold off a sizeable amount of Disney stock last yearnearly $22.9 million worth of his holdings in the company, according to securities filings. The Walt Disney Co.'s longtime top lawyer Alan Braverman saw his total pay increase significantly during his final year at the . Disney disclosed a temporary consulting agreement with Braverman dated Jan. 7 that reveals he will be paid $40,000 for up to 20 hours of work each month with an extra $2,000 paid to him for each additional hour of service. For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. Check out the latest Walt Disney Company Jobs. Assistant Assistant General Counsel Counsel General Counsel Baldwin Park, CA . Gutierrezs employment agreement with Disney, which expires Dec. 31, 2024, was signed by the companys chief human resources officer Paul Richardson. Compensation data tools, salary structures, surveys and benchmarks. Counsel - Securities & Corporate Governance Apply Now Apply Later Job ID 10016997 Location Burbank, California, United States Business The Walt Disney Company (Corporate) Date posted Jan. 13, 2023 Flex Type Hybrid - This role is considered hybrid, which means the employee will work a portion of their time on-site from a Company designated location and the remainder of their time remotely. Disney's fiscal year ends Sept. 30. Horacio Gutierrez landed one of the top legal jobs in the world last Decembergeneral counsel of The Walt Disney Co. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. The population was 311 at the 2010 census. The estimated additional pay is $59,548 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. The estimated total pay for a Counsel at Walt Disney Company is $222,643 per year. Copyright 2023 American Bar Association. It added a few more digs in the proxy, noting that: In deciding not to recommend Mr. Peltz, the directors considered a number of factors, including that despite months of engagement, Mr. Peltz had not, and the Trian Group representatives at the meeting had not, actually presented a single strategic idea for Disney, that their assessment of Disney seemed oblivious to the secular change that had been ongoing in the media industry, as well as the impact of the pandemic on each part of the Companys business from production, to exhibition, to leisure travel.. Disney Reveals New Legal Chief's Pay, Consulting Agreement With Ex-General Counsel. His haul included $7 million in nonequity incentive plan compensation, $4.5 million in stock awards, $3.2 million in option awards and a nearly $1.8 million salary. Spotify legal chief Horacio Gutierrez will serve as Disney's new GC. Coronavirus Tips Working and Protection, For its 2019 fiscal year, Walt Disney Co, listed the following executives on its annual proxy statement to the SEC. Statement After UGA Football Player Devin Willock Tragically Dies After Single C Maptician Selected as Finalist in ALM s Legalweek Leaders in Tech Law Awards 202 Mezrano Law Firm Assists Truck Accident Victims in Obtaining The Maximum Compens Alan Braverman's compensation totaled more than $16.6 million last year. 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. reports. event : evt, (Copyright 2023 Salary.com), Employers: Job Description Management Tool. Pay package for retiring general counsel an increase over 2020. All Rights Reserved. Salaries & Advice Salary Search Discover your earning potential; . ); All proxy statements are public filings made available to the general public by the SEC. Read more from. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Some related job titles are Senior Attorney salaries with median pay of $172,829, Assistant General Counsel salaries with median pay of $182,178, . The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Walt Disney Co income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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 top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. Average salaries for Walt Disney Company General Counsel: $181,832. Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. 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. Ex-lawyer who claimed wrongs by 'bar card lynch mob' charged with stabbing targeted attorney, How lawyers can pursue a 'wonderful life', Lawyer digs into big data for new legal thriller 'Code 6'. The Board continued to spend significant time discussing the leadership of the Company in the months that followed and determined that Mr.Chapek was no longer the right person to serve in the CEO role. For its 2019 fiscal year, Walt Disney Co, listed the following CEO pay ratio data on its annual proxy statement to the SEC. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The Stamford office of Epstein Becker & Green is seeking an attorney to work at the level of a mid-level or senior associate to join its We are a well-established Southern New Jersey law firm seeking an Associate with 2 to 7 years of experience to work in the areas of commerci Our client, an Atlanta based boutique law firm focusing on insurance and reinsurance coverage is seeking to add an experienced insurance cov O'BRIEN FIRM would like to announce that.. Law Offices of Robert G. Stahl, LLC proudly announces that Laura K. Gasiorowski has been promoted to partner and the firm will now be known as STAHL GASIOROWSKI, GREENBAUM ROWE SMITH & DAVIS LLP wants to announce that Sean R. McGowan has been named Co-Chair of our Real State Department. 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. Average The Walt Disney Company Associate General Counsel yearly pay in the United States is approximately $265,158, which is 133% above the national average. Apply today at CareerBuilder! How much does a General Counsel make in Disney, OK? For questions call 1-877-256-2472 or contact us at [emailprotected], How Kirkland and Latham Ruined Lockstep and Caused the Shearman-Hogan Lovells Merger Talks, Concerns Over Layoffs, Expenses, Office Policies Loom Over 2023 Outlook, Latest Shearman Partner Quits Amid Merger Talks, Cravath's Katherine Forrest Departs for Paul Weiss, A Guide to Making Equity at Kirkland & Ellis. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of General Counsel in Disney, OK. The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. Don't miss the crucial news and insights you need to make informed legal decisions. Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com; John Hughes at jhughes@bloombergindustry.com. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $222,997 look to you? P.C. In fiscal year 2019, in comparison, his cash bonus totaled about $6.34 million. req.) 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. Costfoto/Future Publishing via Getty Images, Walt Disneys Departing Legal Chief Sees 59% Jump in Total Pay, Disney Hires Spotifys Top Lawyer Gutierrez as Legal Chief (2), Disneys Top Lawyer Job Up for Grabs as Longtime Leader Departs, ESPN Elevates Longtime In-House Lawyer to Chief Counsel Role (1), Disneys Longtime Top Lawyer Stepping Down Amid New Legal Hires, Disney Cuts Top Lawyers Pay, Names New Compliance Chief, Disneys Longtime Legal Chief Earned $14 Million in 2019, Neil Young Blasts Spotifys Ek, Goes After Four Big Banks Next, Spotifys CEO Is Deeply Sorry But Wont Drop Joe Rogan, Joe Rogan Apologizes Amid Spotifys Vaccine Controversy (3), Spotify Snags Copyright Office Legal Chief as Public Policy Head, Spotifys Top Lawyer Has Spent Years Making Apple the Bad Guy (2), Former HBO General Counsel Jumps to Spotify, Spotifys GC on Moving from Microsoft to the Music Streaming Service, organizational development and strategic planning, Horacio Gutierrez gets $3.3 million in salary, sign-on bonus, Ex-GC Alan Braverman inks $40,000 per month consulting deal. ESPN elevated deputy general counsel Eleanor Nell DeVane this past January to succeed Diane Morse as chief counsel for the Bristol, Conn.-based sports network. Its story is based on 2015 proxy filings reviewed by ALM Legal Intelligence. 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. License our industry-leading legal content to extend your thought leadership and build your brand. Every shareholder in advance of the broad collection of current and archived versions of ALM 's legal news publications:... S fiscal year ends Sept. 30 filings reviewed by ALM legal Intelligence potential.! Much does a General Counsel Counsel General Counsel leads the defense of organization... 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