Monday April 29, 2013

Activision's CEO Got An 800% Raise

Damn, Bobby Kotick got a 800% raise? It sure must be nice to be a CEO these days. eek!

Robert Kotick, president and chief executive officer of Activision Blizzard Inc. (ATVI), increased his compensation almost eightfold to $64.9 million last year, becoming one of the highest-paid CEOs in the U.S. The bulk of the increase for Kotick came in stock awards valued at $55.9 million, based on regulatory reporting rules, that were tied to a new employment agreement signed in March 2012, according to a filing yesterday by the video-game software company.

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