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Señal News > moffett-nathanson

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DISNEY TOP EXECUTIVES TO CUT THEIR PAYS AMID CORONAVIRUS PANDEMIC 31 MAR 2020

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DISNEY TOP EXECUTIVES TO CUT THEIR PAYS AMID CORONAVIRUS PANDEMIC

CEO Bob Chapek and other company executives will receive a salary cut, and Executive Chairman Bob Iger will go without his entire salary. With halted productions and closed themed parks in North America and Paris, Moffett Nathanson estimated that Disney will take a revenue hit of $3.4 billion in 2020.