Chief Executive of Walt Disney Co., Robert Iger has managed to bag a direct compensation of $20.8 Million for the ongoing year, which is about 58% of the earnings garnered the earlier year, when he received a huge stock award as a part of an extension of his contract.

In all, Mr. Iger bagged $2.8 Million in fixed earnings, which is equal to his figures for last year, and a whopping $9.3 Million in performance-based bonuses, which is a third lesser than the bonuses that he garnered last year. The figures have been confirmed by a filing on Wednesday with the Securities and Exchange Commission.

For the year 2008, the Chief Executive was also awarded 3 million stock options as a part of a contract extension, and the options were reportedly valued at $25 Million, which helped increase his total direct earnings to $49.7 Million for 2008. In the said category, he received nothing for the current year.

Mr. Igner, in addition to his fixed income and bonuses based on performance, received stock options which have been valued at $3.6 Million, and $5.9 Million worth of restricted stock units for the current year.

Shares of Disney, which have gained 43% so far this year, closed at $32.43 on Wednesday.