Factz

FUN FACTZ

Former Disney Executive Made Whopping $119K a Day

Geoff Morrell served as Disney’s chief corporate-affairs officer on January 24, 2022.

Less than four months later, he walked away – after a public-relations meltdown that caused employees to rise up in protest and set former CEO Bob Chapek on a collision course with Florida Governor Ron DeSantis.

And for just 70 workdays in the position, Morrell walked away with $8.3 million.

That amounts to around $119,505 a day. Combined with the termination agreement payouts, the total looks more like $176K daily.

Additionally, he received around $1 million in moving costs – first moving his family to Los Angeles from London and then away again after the job ended.

Disney also paid for the $4.5M SoCal home Morrell purchased after leaving the company.

It’s a stunning display of Disney’s executive compensation rates, which experts consider exorbitant and over the top.