1. Shareholders Narrowly Approve Videogame Maker Activision Blizzard CEO's $155 Million Pay

    Shareholders Narrowly Approve Videogame Maker Activision Blizzard CEO's $155 Million Pay

    (Reuters) - Shareholders approved the $155 million pay package for Activision Blizzard Inc Chief Executive Robert Kotick on Monday by a 54% margin, after the company took the rare move of delaying its vote on executive compensation by a week. The maker of popular video games including "World of Warcraft" and "Call of Duty" faced a campaign from an investor group against its CEO's payout, saying that the company had not addressed its concerns from prior years...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. The additional time shareholders requested allowed them to thoroughly review the facts about Activision Blizzard’s rigorous pay-for-performance compensation practices.
    2. Activision will be expected to make even further changes in response to a vote where 46% of shareholders expressed discontent.
  3. Topics Mentioned