31st March, 2020
Disney’s Executive Chairman Bob Iger has announced that he would forgo his entire salary during the time of the coronavirus pandemic to help ease the crisis.
According to the Wall Street Journal, the newly named Chief Executive Officer Bob Chapek will also take a 50% pay cut amid the coronavirus crisis.
The media company has closed its parks in California and Florida to help curb the spread of coronavirus (COVID-19) in the United States of America.
The company will pay workers at both Disneyland Resort and Walt Disney World Resort through 18 April.