How much do GameStop executives make?

Compensation Committee approves raises for senior management; CEO Paul Raines gets 14 percent base salary increase to $1.21 million.

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GameStop's Compensation Committee this week approved raises for various senior executives at the video game retailer for the company's fiscal year ending January 31, 2015 (fiscal 2014). The company announced the news in a Securities & Exchange Commission filing.

As you can see in the chart below, CEO Paul Raines, president Tony Bartel, CFO Robert Lloyd, and GameStop International EVP Michael Mauler are all getting raises. Meanwhile, GameStop executive chairman Daniel DeMatteo will continue to draw a $900,000 salary.

CEO Paul Raines will see the biggest bump in his paycheck, as his base salary is rising from $1,060,000 to $1,210,000--that's an increase of 14 percent or $150,000. His executive colleagues, except for DeMatteo, will receive pay raises of 3 percent each.

How does Raines' base salary company to other industry executives? Activision Blizzard CEO Robert Kotick makes $2.1 million per year, while Electronic Arts CEO Andrew Wilson is paid an annual salary of $800,000. Of course, both executives stand to make more than that thanks to bonuses and stock options.

The same is true for GameStop executives, so they stand to earn significantly more if earnings targets are met or if they exercise their option to sell shares. Raines' 2014 total direct compensation at target is actually $8,630,000.

GameStop reported an 18.8 percent increase in global revenue to $2.11 billion for the quarter ended November 2. The company will report earnings for the holiday quarter--during which the Xbox One and PlayStation 4 went on sale--on March 27.

Discussion

268 comments
jimmy_russell
jimmy_russell

If anyone asked me how much I earn (obviously the sign of a tactless individual) I would tell them it's none of their damn business.

IndependenceYou
IndependenceYou

Lol i wasnt going to comment, but then i noticed the picture and how "power to the players" is in the background. Just soo much irony, starting with the fact that non of them look like they are gamers, more like the dads who would turn off the console. haha

PowerDingALing
PowerDingALing

I read GameSpot. Now THAT is something I want to know...

3dmatrixgamer
3dmatrixgamer

i m curious to know how much do GameSpot executives make instead?


jonnyc0mbat
jonnyc0mbat

And how much does this website make from kick backs?  That would be an interesting article.

mikemaj82
mikemaj82

Oh well good for them. I buy my games elsewhere because they are cheaper.

vackillers
vackillers

Really doesn't matter. Fat Cats stay rich and then theres the rest of us. But this sort of thing does erge me a bit considering the so called "state of the economy" and amount of unemployment there is to start going and giving each other insane bonus's like that. Like what they were making REALLY wasn't enough? so peeps might think I'm jealous and of course I am lol... but seriously, why couldn't they re-invest any extra earnings back into gamestop? oh no no no wait wait.. hang on there.... we re-invest it we have less for our own pockets!!! cant do that..... man........ thats just BAD buisness right there.......... When you already make more then what most people make in 10 years in a single year, I think its a bit of a cheek to give all execs that sort of bonus and I'm not talking about gamestop here say, all majoy companies do that, and then instead of cutting their own bonus's when they have a bad year, they fire a few thousand people instead and bitch about having to do that.


just erks me.

deadpen
deadpen

Well if everyone would stop giving them their games FOR FREE (store credit what a fucking joke) 3mo after the game came out so they can turn around and sale it $10 less than new price (that profit is entirely gamestop's).

Arther-la-Blunt
Arther-la-Blunt

It would have been nice if you would've compared executive pay increases to employee pay increases. Otherwise, who cares?

bluefox755
bluefox755

Who cares? It's their money, they can do what they want with it.

lazycomplife
lazycomplife

Real gamer friends don't let gamer friends get screwed by gamestop. Steam, Amazon, and Newegg ftw.

PS4Lives
PS4Lives

Doesn't matter as much as hating their business model.

beuneus12
beuneus12

I didn't contribute a dime to this guys salary

thorn3000
thorn3000

I read the headline as "How much do GAMESPOT executives make?" that would be interesting to know, wouldn't it?

Chr0noid
Chr0noid

Meanwhile, every GameStop employee across the United States is making minimum wage and getting treated like borderline slave labor.  God just reading this article made me mad as hell.  Rich getting richer, poor getting poorer has never been more appropriate.

PinchySkree
PinchySkree

Just grab your Humble Bundle and Glyde all the way to the honest stores with your Amazon styled Steam powered boogie board for your Good old Games!

rasterror
rasterror

I wonder much Sony execs make and the stock options they get.

notfrylock1987
notfrylock1987

Here is what you support when you shop at Gamestop. 

Shady Business Tactics - Power to the player, aka we will give you $10 for that brand new game your brought last week for $60-80 and we will sell it for $54 used


They treat their employees like complete shit. They barely ever get raises and when they do, its usually 50 cents, even if they have been working there for two years and have the best numbers in the store. Employees are expected to clock out when it comes to over time and finish up their work for free. If you don't do this, Their way of firing you, without getting in trouble is, they will cut all of your hours to the point where you wont even get 4 hours a week. They do this for two reasons. To make you quit and to not worry about giving you unemployment because you weren't laid off....you quit.


Most "New" Games you buy from them, really aren't new. When I worked there, we were allowed to Rent games and bring them back to the store 3 days later, What we usually did was just open up a new game, after we were done and brought it back, the manage would reseal it with new shrink wrap and throw a new price tag on it and sell it as new. So guess what? Theres a 50/50 chance that new game you just brought, was already opened and used by an employee and you just paid full price for a used product.

Stop supporting Gamestop. Seriously. Just go through your local mom and pop game shop or go through Amazon or Ebay.

Williams0907
Williams0907

Amazon has more "power to the players" then gamestop

Mr_Big_Boss
Mr_Big_Boss

Most CEOs do make more than a million, so why the article Eddie?

hanscrolo
hanscrolo

@deadpen  agreed.  i rarely shop there even though there's one located right next to my apartment complex.  but when i do, i always give them a resounding "hell no" when they try to pressure me into getting a used copy for 10$ less. 

kutulu1
kutulu1

@Chr0noid That's American culture at it's finest, Capitalism. Which loosely translates to 'fuck over your fellow human beings'.

hanscrolo
hanscrolo

@Chr0noid   most of the wealthy execs at my company started at the bottom and slowly worked their way up after 20-30 years of working harder and longer hours than everyone else around them. 


people get paid exactly what their contribution is worth to the company they work for - no one gets paid "too much".


when i worked a register as a teenager i was under no illusions that a monkey couldn't be trained to do my job and i was paid an appropriate salary based on what i was doing. 


making minimum wage and getting treated like borderline slave labor is called paying your dues.  i betcha every one of these gamestop execs started out at some shit job that they hated. 

Jarten
Jarten

@Chr0noid The problem is that its not just Gamestop that is doing that. Until enough people go and complain about it and quit letting it happen, nothing is going to change.

PSYCHOV3N0M
PSYCHOV3N0M

I used to work at Gamestop back in June 2007. I quit after 1 week cuz they force me to punch out at around 6/6:30pm & work overtime til around 11/11:30pm without pay.

Around January 2013, they sent me a check for $12 to "apologize".

NOW after reading THIS article, I'm heavily considering buying all my games from Best Buy whenever I do a pre-order. Their rewards are better.

beavisj
beavisj

@notfrylock1987  Same here. My cousin is going through the same thing there as an employee. one week, no days on schedule at all, next week, one day.  
  To top it off, the last preorder I had (south park) was made at another location. Well, this one opened up a lot closer to us, by about 30 miles, so I asked to have my preorder transferred to the closer one. "Oh yea, no problem" they said. I asked about it 1st, because if a customer moves a great distance, it is perfectly reasonable to transfer your order. Well when she went back to work, she was in big trouble for doing that.  They said it took away reorder points from the employee at the other store. Ever since they have been rude to her, cutting major hours.

Gamestop is wrong on that part. It's not the employees fault if "I" decide to cancel a preorder. 

As for the new but used game, yes I have seen that as well. Picking up my new copy & they take it out of a sleeve & put it in the case on occasions. Yet tell me it was the last display copy, is why.

I have been going to a local game shop a lot more lately. & If I really feel I need to preorder something, I get it at Play N trade, or Amazon. I'm done with them too

Fine_TableLamp
Fine_TableLamp

@notfrylock1987 I had a friend that worked at Gamestop and he told me the same thing about the new games being used by the employees. Any games I decide to buy new I buy at Amazon which is also tax free. The only time I buy at Gamestop is when I like their preorder specials better or when they actually do have the best used price in town.

beavisj
beavisj

@Williams0907  yes indeed!!! Well said

mikz_nyc
mikz_nyc

@Williams0907  Amazon should open up a retail store all over US,and expanding wherever they provide services

mmrsoxnation5
mmrsoxnation5

I love you liberals that think everyone should get equal pay. A retail position does not deserve equal pay. Most are high school kids who deserve minimum wage. Otherwise go to college and work your way up a company. The CEOs run the company and turn it into what it is today. Freakin lazy people who are jealous and think everyone owes them something. New generation is a bunch of sissies.

Dumachum
Dumachum

@Fine_TableLamp @notfrylock1987"Gamestop sux, they treat employees like shit, their CEOS are scumbags, they sell used games as new, I hate them....but I go back when they have a really good deal"


Gratz idiot, you're PART OF THE PROBLEM!

xOmniCloudx
xOmniCloudx

@mikz_nyc @Williams0907  They are. The downside is that your state will get taxed for online purchases as a result like mine did when they opened up stores in Massachusetts.

The_Gump
The_Gump

@mikz_nyc @Mr_Big_BossIronic that you're criticizing someone's smarts with a sentence that has "nothing more smarter do write about".

mmrsoxnation5
mmrsoxnation5

I think America is being run into the ground. But unlike you I feel the problem with America is the Pussification of this country. A bunch of lazy people who think something is owed to them. People who think "spreading the wealth" is good for this country. And people who are more proud of their ethnicity/heritage than their own country. Kids getting suspended from school by liberal educators for making pretend their hand is a gun a saying bang. Everything that used to make this country great is getting overrun by people like you with thin skin and want hand outs.

mmrsoxnation5
mmrsoxnation5

They earn that big office. Go to school and work your way up if you're that jealous.

Chr0noid
Chr0noid

@wolfoffreret @Chr0noidWhy must everyone and every thing have a label?  That's what makes me so sick about people these days.  It's all about the ad hominem, never about the argument itself.  Stop using labels to make me out to be some sort of villain.  If I'm a socialist, then you're one of those idiots who still thinks America isn't being run into the ground.  AMERICA CAN DO NO WRONG, USA USA USA!  Please.

vackillers
vackillers

@mmrsoxnation5 Well you don't have to give every store a raise, how about the ones that have made a certain profit margin? that way its an inside commission incentive for a store to do better at sales and promotes good work ethics and a good working environment instead of "only" the execs that get any sort of raise what so ever when most of them do absolutely jack shit and have the minions do all the real work while they sit in their comfy offices talking to MS and Sony about new releases and exclusive in-game items if sold from their store... 

mmrsoxnation5
mmrsoxnation5

Well stop sounding like a socialist. "People making way too much"? You mean people who worked their asses off to make millions. You sound like a liberal with that attitude. Guess what, broom line is the people complaining are the ones that expect things to be given to them. Btw I'm 32 and was born in the 80s. My father worked construction and my mother worked two jobs. They raised me to work hard and appreciate what I "earn". I hate people who work in minimum wage and complain when a CEO makes millions.

wolfoffreret
wolfoffreret

@Chr0noid  Well then what are you?  Are you suggesting that the government should force these companies to pay a "fair share" to their employees?  If so, that's socialist.  The job of a CEO is to make the company profitable.  In turn the shareholders make money.  That is how publicly traded companies have, and will always operate.


Chr0noid
Chr0noid

@mmrsoxnation5 Don't fucking call me a liberal.  Because I ain't one.   And good lord you sound like a baby boomer with all that blame you're putting on millenials.  Old farts like you who keep hating on the newer generation fail to realize who RAISED that generation.  So stop hating, lest you make yourself out to be a hypocrite. And it's not even about equal pay.  It's about the disparity between people who make WAY too much money and people who need more money than they're getting.  Stop making me out to be some sort of socialist. 

mmrsoxnation5
mmrsoxnation5

I just typed a long response but it got deleted bc I wasn't signed in so I'll shorten it up. People at mcdonalds and Dunkin donuts don't have an easy job and most work hard. Doesn't mean they deserve more than minimum wage. If they raised minimum wage or gave them raises, it raises the price of everything else which leads to $10-$15 value meals and loss of customers/revenue. This is the way the world works. I'm a lower middle class guy and understand this. If the CEO distributed the raise across all employees it would be mere pennies of a raise. I hope to some day make 6 figures and I'm gonna earn it. Not think someone owes me something

thorn3000
thorn3000

@mmrsoxnation5 the point is if the CEO is getting a rise of 14 percent in his pay because  the company is doing good, every employee in the company should get a rise of 14 percent...if this is not feasible, it should be counted what is feasible, perhaps 3 percent is feasible, so increase wages globally by 3%...this would be fair as a CEO would still be making millions and would get a rise in pay due to the company doing good due partly to his hard work, however every employee who works hard and actually contributed to the company doing good, would get the payrise as well.....this is fair, but still marketable...however just giving a CEO plus 14% and making it look like the company is doing great just because of him and not because of all people under him up to the basic employee, that is just wrong

Jarten
Jarten

@mmrsoxnation5 I'm not saying that everyone should have or get equal pay. Yes not all the employees work hard and don't deserve higher pay, but I'm not talking about that. Just that while there are people in the lower positions are working hard and struggling to get by, the higher-ups are giving themselves pay raises to just themselves because they feel like they can due to business success. Yes, while the CEOs do run the company from a business standpoint they should get payed more than the average employee, but at the same time the company is nothing without the employees who work under them. And going to college means nothing these days. I have a friend who went to college. and even then he has to have 3 jobs, and his wife has a job too, and that just makes it so they can get by and pay the rent. He's a hard worker and tends to not complain about it unless something really bad happens, and he even works at one of the local Gamestops. I'm not complaining because I'm jealous of the CEOs, I know that they work hard to keep things together and profitable for the interests of the company. I'm just tired of this system where even though the employees can also work really hard they can get no where. As for me, I am currently going to college and working hard so I can try and get a decent job where I can then work hard there. I'm doing what I can to get by, I'm not lazy, and I'm not a sissie.