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Riccitiello paid $11.1 million in 2009 while 1,100 faced sack

News by Patrick Garratt Founder & Publisher (Former)

Published on May 28, 2009

EA CEO John Riccitiello was remunerated to the tune of a cool $11.1 million last year, a 36 percent decline over the previous year, according to an EA SEC filing this week.

Big John was paid $793,749 as a base salary in the 12 months ending March 31, a 6 percent increase over 2008.

Riccitiello's performance-based cash bonus declined 36 percent last year, to $400,000 from $625,350.

The exec was also granted $9.9 million in stock and options, a 38 percent decrease compared to the year before.

EA lost $1 billion last FY, largely through special items, and announced 1,100 redundancies.

Revenue climbed 15 percent to $4.21 billion in the period.