25 Sep Kevin Mayer Employment Agreement
Disney`s CFOs Christine McCarthy and Kevin Mayer, chief strategy officer, will extend their terms of employment through 2021; previously, their deadlines were expiated in 2019. General Counsel Alan Braverman will extend his agreement with the company until July 2019 instead of next March, in accordance with his previous employment contract. Once this agreement is concluded, Iger will receive $149.6 million in shares for 2018, $12.4 million $US in 2019 and $12.7 million $US in 2020. Mayer took the reins of TikTok at a bad time. President Donald Trump has acknowledged that a viable trade deal with China does not seem feasible and has thus degenerated an economic cold war between the two superpowers. Tiktok fell under the crossfire. The Trump administration had previously waged a rhetorical fight against other so-called Chinese or controlled government companies like WeChat and Huawei. M. Mayer, 58, is in advanced talks to join RedBird Capital, a private investment firm with stakes in sports, entertainment and financial services, according to two people who were briefed on the case and spoke on condition of anonymity because a deal was not final. Hollywood`s Fort Knox is Iron Mountain. His last restored treasure: Bee Gee`s film The Specific Role of Mr. He previously wrote for the Los Angeles Business Journal and Bloomberg News.
He has a master`s degree in journalism from USC`s Annenberg School and a bachelor`s degree in English from UC Santa Barbara. Pictured, left to right: Christine M. McCarthy, Alan Braverman, Kevin A. Mayer and Jayne Parker Prior to his interlude at TikTok, the short-form video viral app, Mayer was Disney`s top manager in streaming and oversaw the success of The Disney+ rollout last year. But he spent most of his more than 20 years at Disney as a Maven deal. Mr. Mayer developed blockbuster purchases for pixar, Marvel and Lucasfilm. It also made the purchase of 21st Century Fox-assets worth $71.3 billion, which placed Hulu and Hotstar, a foreign streaming service, under the control of Disney.