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The investment group CtW has spoken out against the terms of Activision Blizzard CEO Bobby Kotick's contract extension, arguing that a number of other unaddressed provisions more than make up for any pay lost in Kotick's recent 50 percent salary reduction and urging shareholders to vote against the package.
Kotick himself regularly earns in the millions from his role as Activision Blizzard's CEO, earnings that often veer into controversy when, for example, the company opts to lay off hundreds of developers during years of record earnings.
Even outside of the game industry, Kotick's pay, its relation to median salaries at Activision Blizzard, and shareholder opposition for his pay packages have landed him on lists like As You Sow's 'Most Overpaid CEOs' multiple times.