Disney removes diversity category from executive pay scheme, FT reports

Disney (DIS) has replaced diversity and inclusion as a standalone metric in setting executive pay, The Financial Times’ Christopher Grimes and Anna Nicolaou report. In an internal memo sent on Tuesday, the company said it was updating “how our values are embedded in our leader compensation programs,” and that a new “talent strategy” metric was being added to the executive pay scheme to replace the “diversity and inclusion” category, though it said “important concepts” from the old plan would remain in place. Other performance categories, including “storytelling and creativity” and “synergy,” were unchanged, according to the report.