Head of Activision Blizzard Bobby Kotiku pay too much. This is exactly what they advised to pay attention to the shareholders of the company before once again to please the CEO with another year of large bonus payments.
GamesIndustry.biz Portal approvesthat if nothing changes, then Kitty will get again “huge cash reward”.
According to the information of two companies providing advisory services to Activision Blizzard shareholders, the payment proposal does not describe the details of some of Kotik’s performance indicators, while others are set below the goals and actual results of last year.
To shareholders, a significant number of which include union-financed funds, recommend Vote against awarding bonus payments (in the previous amounts) to the head of Activision Blizzard at the upcoming annual general meeting, which will be held next Thursday, June 11.
Since 2016 alone, Bobby Kotick has earned Activision almost $ 100 million in Activision. At the same time, an Activision Blizzard ordinary employee receives less than a third of the CEO’s 1% income. For example, the salary of a junior game designer is 40 thousand dollars a year, but he needs to live in Southern California, where the cost of living is one of the highest in the country.
In response to a request from the GameSpot portal, the Activision press service reportedthat Kotik coordinated the work of the company for 20 years, and its market capitalization during this time increased from 10 to 53 billion US dollars. In addition, it is argued that most of his bonuses still reflect the achievement of specific results.
Despite this, Activision is often criticized for the fact that the company does not direct money to save jobs and increased payments to its own employees. Last year, Activision Blizzard, despite record financials, was forced to lay off about 800 people.
A call to dismiss Bobby Kotick had previously been made by the Game Workers Unite video game industry union.
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