Business

Abigail Disney Amplifies Her Fight Against Pay Inequity In Her Family's Empire


“It is time to call out the men and women who lead us and to draw a line in the sand about how low we are prepared to let hard-working people sink while top management takes home ever-more-outrageous sums of money,” Disney wrote in an op-ed for The Washington Post .


The activist and documentary filmmaker’s opinion piece echoed a Twitter thread she created over the weekend that called out Disney CEO Bob Iger’s $65.6 million in compensation last year, which a study by research firm Equilar said is 1,424 times the median pay of a Disney employee.


“To put that gap in context, in 1978, the average CEO made about 30 times a typical worker’s salary,” Abigail Disney wrote Tuesday.


But that argument, she said, does not take into account the different locations’ costs of living, nor does it recognize the company worked behind the scenes to defeat a ballot initiative in Anaheim, California, home of Disneyland, to lift the minimum wage to $15.


“Besides, at the pay levels we are talking about, an executive giving up half his bonus has zero effect on his quality of life,” Abigail Disney wrote.


She has been outspoken on the issue of income inequality, recently telling The Cut about how her worldview was shaped partly by watching money’s influence on her parents when Disney’s stock price skyrocketed in the 1980s.






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