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