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

Tuesday, 11th March 2014 22:38 GMT By Brenna Hillier

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

bobby_kotick

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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4 Comments

  1. DarkElfa

    Always nice to see millionaires giving each other raises.

    Fuck this guy, seriously, I hope when the Zombie Apocalypse happens, he falls into a pit of previously laid off Activision employees who eat him slowly to savor the taste of smugness gone sour.

    #1 10 months ago
  2. SlayerGT

    I should have done better in school :-D

    #2 10 months ago
  3. charlycorr

    I assure that this guy don’t even play video games but is rich thanks to them. What a life!

    #3 9 months ago
  4. salarta

    I love how we have groups like Fox News proclaiming that companies and the wealthy deserve all sorts of tax breaks and other financial incentives under a “trickle down” philosophy, at the exact same time that the wealthy continuously prove that very philosophy does not work in practice.

    It’s become pretty clear that when the wealthy get more money, they spend it on themselves, not on hiring more employees or boosting revenue for the ones they have like they claim they would do.

    #4 9 months ago

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