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Activision Blizzard CEO Bobby Kotick Agreed to Cut His Base Salary and Annual Bonus by 50%, While His Contract Was Extended to March 31st, 2023
Apr 29, 2021 13:00 EDT
Activision Blizzard CEO Bobby Kotick came under fire recently when it was discovered that he would receive a $200 million cash bonus (while some of the company s employees suffered layoffs, too) before taxes. It wasn t just gamers that complained, even the CtW Investment Group put out a statement suggesting the bonus was unjustified.
In an SEC filing posted yesterday, the current Activision Blizzard CEO got his contract extended to March 31st, 2023 from the previous expiry date of December 31st, 2021. However, he also agreed to cut both his base salary and target annual bonus in half, thus bringing it in line with other peers. ....

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