$5 million in bonuses noted, more
(Image credit: Gear Live)
Activision's CEO Bobby Kotick (pictured above) isn't exactly well-liked among the gaming press and community; he was once referred to flat out as "the devil", and the arbiter of turning Activision into "the McDonald's of video game publishing." That perception isn't likely to sway any with his 2008 income figures just released, courtesy of Forbes. Check them out:
| Salary | $899,560.00 |
| Bonus | $5,000,000.00 |
| Other Annual Compensation | $0.00 |
| Long term incentive plan payouts | $0.00 |
| Restricted stock awards | $0.00 |
| Security underlying options | $0.00 |
| All other compensation | $10,750.00 |
| Option awards $ | $5,959,994.00 |
| Non-equity incentive plan compensation | $3,079,798.00 |
| Change in pension value and nonqualified deferred compensation earnings | $0.00 |
| Total Compensation | $14,950,102.00 |
Nearly $900,000 as the salary alone is already well above what the top industry folks in business & marketing make, as we reported last year, by about 800k. And we're no economics experts, but the unexplained $5 million bonus is enough to raise at least one eyebrow.
On a related note, gamers are currently considering boycotting the company.
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since Nov 2008 | Aug 11, 09