Walt Disney Company (the) · NYSE:DIS
Walt Disney Company (the) — Shareholder Meeting (January 2020)
12 slides from Walt Disney Company (the)'s shareholder meeting presentation, Jan 21, 2020
Slide 1: Executive Summary
Executive Summary Disney made significant progress on the transformative long-term strategic plan during fiscal 2019, including the Company’s business reorganization, completion of the acquisition and successful integration of 21st Century Fox assets, and enhancement of our direct-to-consumer strate
Slide 2: Continued Innovation and Success Throughout the Business
Continued Innovation and Success Throughout the Business Combined Parks, Experiences and Products segment and established new Direct-to-Consumer & International segment Restructuring capitalizes on the evolving media landscape and more directly aligns with Disney’s priorities for future growth Creat
Slide 3: Strategic Growth and Transformation Drive Strong Returns
Strategic Growth and Transformation Drive Strong Returns Total Shareholder Return During Mr. Ige r ’s Tenure as CEO1 4 1 Represents TSR from September 30, 2005 through September 27, 2019 Outperformance of 336 percentage points vs. the S&P 500 over Mr. Iger’s tenure Under Mr. Iger’s leadership, Disne
Slide 4: Iterative CEO Compensation Changes Directly Address Shareholder Feedback
Iterative CEO Compensation Changes Directly Address Shareholder Feedback 1 Feedback: One-time performance-based equity award should have more rigorous 2 Feedback: Increases in Mr. Iger’s annual compensation that would have gone into effect would have taken effect post-1 Held target value constant, w
Slide 5: Compensation Program Evolution Reflects Changes in our Business
Compensation Program Evolution Reflects Changes in our Business Introduction of Return on Invested Capital (ROIC) Metric for Determining Performance-Based RSUs The Compensation Committee determined that half of the annual performance-based restricted stock units granted in fiscal 2020 would vest bas
Slide 6: Structural Emphasis on Performance Based Pay in CEO Compensation
Structural Emphasis on Performance Based Pay in CEO Compensation Structure FISCAL 2019 CEO COMPENSATION STRUCTURE Pay Element Pay Philosophy Components Performance Element prior year and long-term, replaced Earnings Per Share Growth (50%) 7 ~91% of CEO pay is dependent on financial, strategic & shar
Slide 7: Highly Qualified Board of Directors Provides Strong Oversight
Highly Qualified Board of Directors Provides Strong Oversight The Carlyle Group appointed in 2019 67% ethnic / gender diversity Committee Chair in 2019 and Managing Partner, Nike, Inc. Priority Areas of Board Oversight Strategic Transformation The Board played an integral role in overseeing the comp
Slide 8: Overview of Disney's ESG Governance
Overview of Disney’s ESG Governance Direct leadership by C-Suite, including CFO, CHRO, and General Counsel in close coordination with CEO and business segment leaders Regular reporting to Board and sub-committees on priority issues and specific inquiries Ongoing assessments of priority ESG issues ba
Slide 9: Unparalleled Commitment to Our Employees
Unparalleled Commitment to Our Employees benefits for full-time employees facilities and pharmacies e Health & Wellness community through various social impact employee matching gifts, Professional & Personal Development 10 Develop leaders through unique learning experiences and deliver over 150 dif
Slide 10: Shareholder Proposal on Lobbying Activities is Unnecessary and Would Create Redundancies
Shareholder Proposal on Lobbying Activities is Unnecessary and Would Create Redundancies Shareholder proposal: Requests the Company prepare an annually-updated report disclosing additional information regarding lobbying activities The Company provides significant disclosure regarding political and l
Slide 11: Cautionary Note on Forward Looking Statements
Cautionary Note on Forward Looking Statements Certain statements in this communication may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include expectations regarding future business or financi
Slide 12: Cautionary Note on Forward Looking Statements
Cautionary Note on Forward Looking Statements Certain statements in this communication may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include expectations regarding future business or financi