The pay of Walt Disney’s chief Robert Iger fell 28% to $29m (£18.1m; 20.2m euros) in 2009, a company filing to regulators has showed.
Disney’s earnings have suffered this year because of the economic slowdown.
However the board praised Mr Iger for “his rapid response to exceptionally challenging economic conditions”.
Separately, Apple head Steve Jobs received his customary $1 annual salary in 2009. Mr Jobs is Disney’s largest single shareholder.
According to documents released by the Securities and Exchange Commission
