Abigail Disney, the wealthy granddaughter of Walt
Disney Co.
DIS, -0.18%
co-founder Roy Disney, has long been critical of fat executive paychecks.
On Thursday, she put it like this:
‘If your CEO salary is at the 700, 600, 500 times your median worker’s pay, there is nobody on Earth … Jesus Christ himself isn’t worth 500 times his median worker’s pay.’
That’s how she responded when asked during
a CNBC interview on Thursday whether
Disney CEO Bob Iger is overpaid.
According to a securities filing earlier
this week, Iger agreed to a new deal that
cut his max potential annual pay by $13.5 million. He was awarded $65.6 million for his performance last fiscal year.
“We don’t have a society structured around fairness right now,â€
Disney continued. “The problem is that there’s a systematic favoring of people who have accumulated an enormous amount of wealth.â€
For her part,
Disney signed a letter with about 200 other New York elites asking lawmakers to introduce a “millionaires tax†on those earning more than $5 million to help fund affordable housing, infrastructure and other initiatives.
Don’t miss: Disney sets opening dates for its new ‘Star Wars’ attractions
But when she was asked by CNBC’s Joe Kernen why she
doesn’t just write a check to help the inequality, things got a bit tense on the set.
“It’s ridiculous to say that,â€
Disney responded. “My measly few hundred million dollars will do nothing to address the roads, infrastructure, schools, hospitals.â€
Watch the full interview:
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