Why wealthy business leaders are joining the call to end high CEO pay
It’s about economic justice, but it’s also about preserving enough consumers to keep business going.
Recently, Abigail Disney, the granddaughter of Disney’s cofounder, has been making no secret of her disapproval of the way things are going at the company now. Specifically, at Fast Company‘s Impact Council, she called current CEO Bob Iger’s $65.6 million compensation “insane,” and criticized the fact that it totaled approximately 1,424 times more than the median salary of a Disney employee. She later backed up her sentiment to The Guardian, saying “”No one on this freaking planet is worth that kind of money.”