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Activision Blizzard CEO Bobby Kotick awarded a $7.85 million cash bonus

Activision Blizzard's board of directors have awarded CEO Bobby Kotick a huge cash bonus for 2013, despite revenue decreases.

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A SEC filing reveals Kotick has been awarded $7.85 million as a cash bonus, a huge increase on the $2.5 million he was given in 2012.

The bonus comes on top of his salary of $2.1 million and stock awards.

Activision Blizzard noted lower sales and profits in 2013 than 2012, but the board praised Kotick's performance during a "transformative year", as the twin publisher remained profitable and hit targets despite weathering the next-gen transition and purchasing itself from former parent company Vivendi.

Activision Blizzard's portfolio includes Call of Duty, Diablo, Skylanders, StarCraft and World of Warcraft.

Thanks, GamesIndustry. [image]

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Brenna Hillier avatar

Brenna Hillier

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Based in Australia and having come from a lengthy career in the Aussie games media, Brenna worked as VG247's remote Deputy Editor for several years, covering news and events from the other side of the planet to the rest of the team. After leaving VG247, Brenna retired from games media and crossed over to development, working as a writer on several video games.

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