Disney's CEO Iger inked a new contract with the company that will extend his tenure until January 31, 2013. The contract guarantees a bonus of $10 million from $7.25 million and grants him an option on 3 million shares, according to a filing with the SEC. Meanwhile, the value of Iger's long-term incentive award target was raised to $9 million from $9 million. For 2007, the executive received $27.7 million, which included a $13.7 million bonus and a $2 million salary plus stock options.

The chief executive became CEO of Disney in September 2005, following the questionable tenure of longtime chief executive Michael Eisner. Under his direction, the company has improved up until this latest quarter where net income increased by 24%. "Bob is a talented and visionary leader, under whom Disney has posted increases in growth and profitability that have consistently exceeded expectations," said Chairman John E. Pepper Jr.