Tag Archives: brian kelly

BusinessInsider is reporting that Activision CEO Bobby Kotick, together with chairman of the board Brian Kelly, sold $60 million worth of Activision shares last week.

The article speculates that Kotick and Kelly could be cashing in due to Gamestop announcing Friday that “that same store sales were weak and its outlook cloudy for the second quarter.”

Gather ye rose buds while ye may, etc.

More through the link.

According to this Kotaku piece, citing an SEC filing, the Activision board has approved a $3,079,798 bonus for Bobby Kotick.

Co-chairman Brian Kelly has been granted a meagre $2,996,556.

They had to earn those bonuses, of course, by completing certain benchmarks for the company – Kotick and Kelly were allowed to pass on two of those, though, because they would have been “impractical and inadvisable” in light of Activision’s pending combination with Vivendi.

More through the link.