New Disney CEO Josh D’Amaro stands to make $45 million, but he’ll also get something priceless—a ‘clean break’ with Bob Iger

Walt Disney’s new CEO, Josh D’Amaro, has been set up with a lucrative pay package for his first year, with a total grant-date value of roughly $45 million and a mandate to lead one of the most exciting and well-known companies in the world. But he’ll also get something that could prove to be the most valuable factor in the succession game: Bob Iger’s planned exit. According to Disney’s announcement, two-time CEO Iger will step down from the board’s powerful executive committee after the annual sharehold ...