Activision Blizzard CEO Bobby Kotick receives $7.85 million bonus

Activision board compensation committee authorises bonus awarded to Kotick for 2013 performance.

265 Comments
No Caption Provided

Activision Blizzard chief executive officer Bobby Kotick has received a $7.85 million cash bonus for his performance last year, authorised by the company's board compensation committee.

Reported on GamesIndustry, the bonus marks a large increase from Kotick's $2.5 million bonus granted in 2012. The Activision Blizzard CEO's base salary was also increased to $2.1 million last year.

The announcement follows on from recent news of chief operating officer Thomas Tippl receiving a raise, bringing his annual base salary to $1.25 million. In 2012, Kotick saw an 800 percent raise in potential earnings as a result of a new contract. New stock options granted the executive up to $64.9 million extra in the bank.

According to the report, GMI Ratings corporate-governance consultant Nell Minow questioned how Kotick's compensation figure was calculated, calling for more transparency on how the figures were determined. Today Activision responded that Kotick could have been awarded more, according to the company's 2008 incentive plan.

Please use a html5 video capable browser to watch videos.
This video has an invalid file format.
00:00:00
Sorry, but you can't access this content!
Please enter your date of birth to view this video

By clicking 'enter', you agree to GameSpot's
Terms of Use and Privacy Policy

GameSpot may get a commission from retail offers.

Got a news tip or want to contact us directly? Email news@gamespot.com

Join the conversation
There are 265 comments about this story