Jay Rasulo’s last day as chief financial officer of the Walt Disney Co. is June 30, but he’ll have the opportunity to earn at least $5.4 million this year in his role as an adviser to Chief Executive Officer Bob Iger.
Disney, the world’s largest entertainment company, announced on June 1 that Rasulo was stepping down. In a regulatory filing on Friday, the Burbank, California-based company said he would retain his current salary and fiscal 2015 target bonus. The filing didn’t specify his 2015 pay.
In the year ended in September 2014, Rasulo earned $1.8 million in salary, with a target bonus of two times that amount. His total compensation, including equity awards and a bonus exceeding his target, was $16.2 million, according to the company’s proxy filing in March.
The company hasn’t named Rasulo’s replacement.