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Impact of the COVID-19 pandemic on the Walt Disney Company

Aspect of viral outbreak

  • 16 min read
  • 6 chapters

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Leadership and business

In March 2020, Disney's executive chairman Bob Iger announced that he would not take any salary during the pandemic; in 2019 he earned $47.5 million. Chief executive Bob Chapek announced that he will take a 50% pay cut.

The president of Walt Disney World, Josh D'Amaro, was included on Florida Governor Ron DeSantis's board for re-opening the state and reinvigorating its economy, while Disney Parks' VP Thomas Mazloum is on the task force for Orange County, Florida's economic recovery.

The publicly listed shares of the company fell 28% on April 20, 2020.

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