---
schema_version: "secwatch.filing_event.v1"
accession: "0001744489-23-000274"
form_type: "8-K"
ticker: "DIS"
cik: "0001744489"
company_name: "Walt Disney Co"
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T08:07:19.103759+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001744489-23-000274
- form_type: 8-K
- ticker: DIS
- cik: 0001744489
- company_name: Walt Disney Co
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1744489/000174448923000274/0001744489-23-000274-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1744489/000174448923000274/dis-20231221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001744489-23-000274
- JSON: https://secwatch.observer/filing/0001744489-23-000274.json
- Plain text: https://secwatch.observer/filing/0001744489-23-000274.txt

## Key facts
- Executive change
  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
  source text: Mr. Gutierrez’s title was changed to Senior Executive Vice President, Chief Legal and Compliance Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744489/000174448923000274/0001744489-23-000274-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.