Tue, Mar 10, 2009 | 22:18 GMT
Game CEOs make loads more than you do
Ever wonder what game industry CEOs make in a year? It’s loads more than any of us, we guarantee.
According to The Game Trade Journal, between bonuses, stock options and incentives, the following CEOs are paid the most according to proxy statements filed with the SEC.
- Activision – Bobby Kotick: $14.9 Million; Base pay is $899,560 plus $5 million in bonuses last year with $3 million in incentives with $5.9 million of that in exercised stock options. Before the Vivendi merger, his grand total for the year was $2.8 million. (Activision lost $107 million in 2008)
- Electronic Arts – John Riccitiello: $5 Million; Base is $750,000, $3.6 million in stock options, $625,350 in incentives. (EA posted a loss of $641 million in Q4)
- THQ – Brian Farrell: $2.7 million; Base pay was $600,000 lower than 2007 which last year amounted to $651,087 and $1.4 million in option awards (THQ posed a $192 million loss for Q3)
- GameStop – Dan DeMatteo: $4.9 million; Expected to get a $2.4 million bonus this year.
- Midway -Matt Booty: $387,584; That figure is since October 2008. The previous CEO, David Zucker took in $1.5 million.
- Majesco – Jesse Sutton: $943,847; Base pay of $356,073 and a bonus almost equal that amount (Majesco’s net was $3.4 million last year)
- Take Two – Ben Feder: $1; Take-Two paid him $1 last year excluding health benefits because his check comes from Take-Two Chairman Strauss Zelnick. (Take-Two reported a profit of $97 million last year)
Thanks, Evil Avatar