#629: Abigail Disney Speaks Out Against Bob Iger's $65.6 Compensation

Click here to access this short segment from NBC Nightly News covering Abigail Disney's comments on income inequality. An additional story on Vulture highlights her tweets about the topic of disparity between CEO pay and pay for the lowest level of workers in the company. As she mentions, Disney is not alone in this disparity. Disney is among a number of companies who have used their savings related to corporate tax cuts to focus on stock buybacks and other measures to improve profitability. They did use some savings to pay a one-time only bonus to employees last year; again, something other big name companies did. The relevance for ACC 201 is the connection to the topic of purchasing treasury shares. Also, this WaPo opinion piece by Abigail Disney adds to the discussion. You may have to register for a free Washington Post account to gain access to a limited number of articles each month.