Game CEOs make loads more than you do

By Stephany Nunneley, Tuesday, 10 March 2009 23:30 GMT

moneya2

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

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Ben Feder

Bobby Kotick

Brian Farrell

  • THQ files standard FORM 8-K with SEC noting dissolution of executive staff

    THQ filed its FORM 8-K with the SEC, announcing the departure of its officers and executives – which is the last notice we’ll probably very get in the mail from THQ. Filed on January 30, the form reads: “THQ Inc. terminated the employment of Brian J. Farrell as chief executive officer of the Company, Jason […]

  • THQ sale: Rubin & Farrell reflect on company's closure

    THQ’s properties were sold off at auction last night. The 22-hour process saw the remains of the company carved up and sold off to buyers. Sega bought Relic, Ubisoft bought South Park and more. Check out Steph’s in-depth report on the matter here. This morning former THQ president Jason Rubin and boss Brian Farrell have […]