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Fortune

Chris Morris

Here's what Disney's ousted CEO will receive for severance

Disney Bob Chapek Bob Iger Ron DeSantis

(Credit: Steven Ferdman—Getty Images)

Bob Chapek might have been unceremoniously shown the door at Disney, but he left the company with a generous parting gift.

The company has revealed the severance package it is required to pay its ousted CEO amounts to roughly $20 million. The payout is detailed in a proxy statement filed with the Securities and Exchange Commission on Tuesday.

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