Disney extends GC Gutierrez's contract to 2026; salary $1.5M, equity target 600% of salary

Walt Disney Co

Term extended to December 31, 2026; title changed to Senior EVP, Chief Legal and Compliance Officer.
Annual base salary raised to $1,500,000 effective January 1, 2024.
Target long-term equity incentive annual award value increased to 600% of base salary, starting FY2024.
Gutierrez will continue to report solely and directly to the CEO.

item 5.02 item 9.01

Executive movements

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Role change

Horacio E. Gutierrez

Senior Executive Vice President, Chief Legal and Compliance Officer

DIS · Walt Disney Co

Effective: 2023-12-21
Filed: December 22, 2023, 6:59 PM ET

Mr. Gutierrez’s title was changed to Senior Executive Vice President, Chief Legal and Compliance Officer of the Company

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Horacio E. Gutierrez changed role as Senior Executive Vice President, Chief Legal and Compliance Officer at Walt Disney Co.

Action: changed
Role: Senior Executive Vice President, Chief Legal and Compliance Officer

Exact text from the filing

Mr. Gutierrez’s title was changed to Senior Executive Vice President, Chief Legal and Compliance Officer of the Company

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Walt Disney Co filing history →

Source: SEC EDGAR

accession 0001744489-23-000274

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