Forums - Gaming Discussion - Activision Boss Bobby Kotick gets an 800% raise and Analysts aren't happy

Is Bobby Kotick over paid?

Yes
I dont know, I don't analyze this stuff
No his pay is fine

Activision's Boss Got an 800% Raise, and a Watchdog Doesn't Like It

http://kotaku.com/activisions-boss-got-an-800-raise-and-a-watchdog-doe-483773785 - please include a link when you are referencing another site's article - Kantor

 

Activision has a lot of money. Bobby Kotick has fat stacks, too. The publisher's CEO saw his compensation jump from $8.1 million in 2011 to $64.9 million in 2012, reports Bloomberg. He's the second-highest paid CEO among publicly traded U.S. companies.

 

Kotick is due for another $16 million if the company hits performance targets, too. The bulk of his pay came in the form of stock awards valued at $55.9 million. (Though they vest over the next five years, they're reported now.) A corporate governance consultant has had a beef with Activision's executive pay in the past, and this doesn't make her any happier.

 

“We don’t like any element of this pay package,” Nell Minow, of GMI Ratings, told Bloomberg. "In the past we have expressed concern about this company and its compensation practices."

 

Minow said Activision isn't being clear about how Kotick earned the money. "The lack of information provided by the compensation committee is a red flag," she told Bloomberg. "It’s very difficult to discern how they determined this compensation package from the information that’s been provided." She said the stock awards aren't sufficiently tied to Kotick's performance and said the whole compensation package is out of line with the video game industry.

 

It doesn't just make Kotick the highest paid CEO in games publishing, it puts him second only to Oracle CEO Larry Ellison in executive compensation for 2012, Bloomberg said. Neither Activision nor its majority owner, Vivendi, responded to their requests for comment.



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Sad to see one of the worst companies on top of such lists. The day Activision and Apple, the world will be a better place.

foodfather said:
Sad to see one of the worst companies on top of such lists. The day Activision and Apple, the world will be a better place.

You'd rather have companies that did not profit, thereby making inefficient use of the world's resources and making products people don't want to buy?



LOL @ fat stacks. I'm gonna call him Bobby Dinero from now own. XD

Seriously, though, did Activision absolutely obliterate their sales expectations recently or what? Such a big jump that fast would be pretty suspect otherwise.

Have some time to kill? Read my shitty games blog. http://www.pixlbit.com/blogs/586/gigantor21

:D

i would rather like to see every employee getting 20k more per year and him getting "only" 20m but well...



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Blegh.

foodfather said:
Sad to see one of the worst companies on top of such lists. The day Activision and Apple, the world will be a better place.

Hear, hear. I can't wait for the day Activision and Apple.



Activision supports Nintendo: CEO gets more money.
EA doesn't support Nintendo: CEO gets fired.

Industry, take note.

Legend11 correctly predicted that GTA IV (360+PS3) would outsell SSBB. I was wrong.

Biased reviews are a pleasure to read. Just my opinion, of course.

crissindahouse said:
i would rather like to see every employee getting 20k more per year and him getting "only" 20m but well...

I was just about to say this.  And then people wounder why the world is in financial ruin...



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crissindahouse said:
i would rather like to see every employee getting 20k more per year and him getting "only" 20m but well...

This