Disney CEO Iger Is Happy

Disney CEO Iger's 2008 compensation valued at $51M, but $34M in options now have little value:

The Walt Disney Co.'s chief executive, Robert Iger, received a compensation package valued at $51.1 million in fiscal 2008, up 85 percent from a year earlier, according to an Associated Press calculation of figures disclosed in a regulatory filing made Friday. But most of it came in stock options that currently have little value.

Iger's salary was $2 million the fiscal year ended Sept. 27, unchanged from a year earlier, and he was given a performance-related bonus of $13.9 million, up from $13.7 million in fiscal 2007.