Iger was awarded US$65.6 million for 2018, including an US$18 million cash incentive and US$43.6 million in restricted stock and options, the Burbank, California-based company said Friday in a regulatory filing. His total compensation jumped 81% from the prior year, boosted by stock grants he received in December 2017 when he agreed to remain Disney’s CEO through 2021.

Iger, who’s for years been among America’s highest-paid executives, stands to reap an even larger windfall if investors and regulators approve the company’s deal with Rupert Murdoch’s 21st Century Fox Inc. Absent from his compensation figure were certain stock grants tied to the deal, which is still pending. At the end of the day, all the equity awards he received in December 2017 could be worth as much as US$149.6 million if the combined entity meets certain performance conditions, the filing shows.

Missing from his 2018 haul: A cash payout of as much as US$60 million that was tied to the firm’s cumulative segment operating income for the five years ended Sept 29. Disney posted US$73.9 billion over that period. Iger would have received part of the award if total adjusted operating income exceeded US$76 billion, and the full amount if it reached US$78.3 billion.

Disney’s board lowered the target ranges for segment operating income and return on invested capital it used to calculate executives’ bonuses for 2018, in recognition of the company’s investments in theme parks and video streaming services, according to the filing. Payouts jumped by between 18% and 54% for top executives compared with 2017.

Disney also for the first time disclosed compensation for its chief communications officer Zenia Mucha, who received US$5.1 million. Her package included US$961,000 in salary, a US$2 million cash bonus and about US$2.1 million in equity awards. Her contract, like Iger’s, runs through 2021.