Activision Blizzard CEO Bobby Kotick Halves Pay, Still Rich
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Published 1 month ago:
April 30, 2021 at 2:37 am
SUN VALLEY, ID - JULY 09: Bobby Kotick, Director and Chief Executive Officer of Activision, arrives for the Allen & Co. annual conference on July 9, 2013 in Sun Valley, Idaho. (Photo: Kevork Djansezian / Staff, Getty Images)
Activision Blizzard CEO Bobby Kotick is voluntarily halving his salary, as well as his target annual bonus. But in case you were worried, he’s still making a ton of money.
Recent SEC filings show the salary cut as a reduction to $US875,000 ($1,126,563), down from $US1,750,000 ($2,253,125). The annual bonus cut, meanwhile, is “a potential reduction of $US1,750,000 ($2,253,125)” for the 2021 and 2022 fiscal years. All of this comes as Activision Blizzard extends Kotick’s employment through March 31, 2023.
Activision Blizzard CEO Bobby Kotick takes 50% pay cut gamesindustry.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gamesindustry.biz Daily Mail and Mail on Sunday newspapers.
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