DIS » Topics » New executive compensation policies beginning in fiscal 2005

This excerpt taken from the DIS DEF 14A filed Jan 6, 2005.

New executive compensation policies beginning in fiscal 2005

 

In December 2004, the Committee completed a redesign of the processes relating to annual bonus and long-term incentive grants that is intended to achieve two principal objectives:

 

    formalize the Company’s historical practice of linking compensation with performance, measured at the Company and business segment levels; and
    improve the clarity of the Company’s compensation practices and objectives for both employees and shareholders.

 

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