PS3 News: Activision Blizzard CEO Bobby Kotick Gets $7.85 Million Bonus - PS3 News

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Activision Blizzard CEO Bobby Kotick Gets $7.85 Million Bonus

What, is that all?

According to a GamesIndustry.biz report, Activision Blizzard CEO Bobby Kotick has received a $7.85 million cash bonus for his performance last year. The company's board compensation committee approved the bonus.

That's a very large increase when compared to the $2.5 million bonus he received in 2012, and let's not forget that Kotick's base salary was increased to $2.1 million last year as well. In 2012, Kotick received an 800 percent raise in potential earnings as a result of a new contract, and new stock options gave him up to $64.9 million on top of the salary and bonus.

However, interestingly enough, GMI Ratings corporate-governance consultant Neil Minow has questioned the CEO's recent $7.85 million bonus. He wants to know how the actual figures were determined, but Activision claims Kotick actually could've received even more, based on the company's 2008 incentive plan.

Well, if you earned it, you earned it.

Tags: activision, bobby kotick, activision ceo, bobby kotick bonus

3/11/2014 10:10:04 PM John Shepard

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Comments (17 posts)

WorldEndsWithMe
Tuesday, March 11, 2014 @ 10:39:33 PM
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Never understood these bonuses for the wealthy, everybody else just gets a salary.

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tes37
Wednesday, March 12, 2014 @ 12:16:56 AM

Yeah, what's up with that nonsense? He could've received half of that and divided the other half among the employees. I guess Kotick did all the work.

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Ben Dutka PSXE [Administrator]
Wednesday, March 12, 2014 @ 12:47:04 AM

Yes, but not everybody else is the CEO.

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LimitedVertigo
Tuesday, March 11, 2014 @ 11:02:31 PM
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He's earned it!

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Cesar_ser_4
Tuesday, March 11, 2014 @ 11:09:08 PM
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Great now we're going to have even more CoD clones from all the other developers trying to get a cut of the pie.

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Norrin Radd
Tuesday, March 11, 2014 @ 11:20:06 PM
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Wait until next year's bonus after Destiny lands.....

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PlatformGamerNZ
Wednesday, March 12, 2014 @ 12:13:46 AM
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well i wud beg to disagree but that's just me and idk if he earned it well at least for that much personally but yeah thats just me and with COD going down the toliet at least it is to most of us around here i wud beg to differ he's done a good job and deserves 7.5 mil extra on top of the 2.1mil but thats their call

happy gaming =)

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Kryten1029a
Wednesday, March 12, 2014 @ 12:19:54 AM
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I don't see a problem with paying a bonus to the CEO if the company is profitable since a capable executive can add great value. It's the instances where the companies that are struggling or even losing money pay bonuses that I can't wrap my head around.

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WorldEndsWithMe
Wednesday, March 12, 2014 @ 10:12:22 AM

I would agree if everyone in the company was making money, it's when they pay a 7+ million dollar bonus to this guy while America subsidizes in taxes the janitors and cafeteria workers that makes no sense.

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BikerSaint
Wednesday, March 12, 2014 @ 12:52:58 AM
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Utterly shameful CEO's IMO.

And to top it off here's a guy who's already stated that he hated video games & never pays them(only watched others play one), a guy who would mark up their video game's prices to $100 if he had his way.

He's never given any respect to the gamers who in all actuality, feed him his super salary & his disgustingly gross bonuses, so will never get any respect from me.

And that's why I made it my lifelong habit to buy any antivision game as "USED" only.

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LowKey
Wednesday, March 12, 2014 @ 2:26:34 AM

Don't forget his statement about taking the fun out of making games and his opposition to "change" when it comes to new games. A real piece of crap. I don't buy their games because of him.

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Dustinwp
Wednesday, March 12, 2014 @ 1:22:49 PM

@BikerSaint

I completely agree with your statement. I went a little further then you with Activision game purchases, though. I have not bought an Activision game new or used since Call of Duty:Modern Warfare and have no intention of purchasing any in the future.

I really wish Activision wasn't publishing Destiny, oh well.

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LowKey
Wednesday, March 12, 2014 @ 5:32:43 PM

awww did a little sheepie not like what I said about his bum buddy?

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BikerSaint
Wednesday, March 12, 2014 @ 1:00:49 AM
Reply

*plays them*
(Damned not proofreading it & then that disappearing edit button)

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Hand_of_Sorrow
Wednesday, March 12, 2014 @ 2:17:48 AM
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that'll really boost moral, Not!

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WorldEndsWithMe
Wednesday, March 12, 2014 @ 11:00:00 AM
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The money you spent on CoD hard at work.

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CH1N00K
Wednesday, March 12, 2014 @ 5:29:55 PM
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I understand the whole bonus concept, but I would love to see how this number was calculated.

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