Activision Blizzard CEO Agrees To Cut Huge Salary And Bonuses Following Industry Backlash Share: Activision Blizzard CEO Bobby Kotick has agreed to a major pay cut to both his base salary and bonuses following feedback from shareholders. Over the past few years, the stark contrast between Kotick's monumental earnings and the way in which Activision staff have been treated has caused more than its fair share of upset across the industry. Back in 2019, following what Kotick described as a year of "record results", the company laid off a reported 800 members of staff while simultaneously offering its new CFO $15 million worth of awards.