And in his place will come Daniel Alegre – a veteran GoogleHe worked at the corporation for 16 years. Recently, he was the head of Google’s global business in the field of trade and payments.
The contract with Alegre comes into force on April 7 and is valid until March 31, 2023 – if they do not want to extend it. All this time, he will receive a base salary of 1.35 million dollars a year. At the same time, bonuses not exceeding this annual amount may be paid to him.
If during the year the value of the company’s shares rises by at least 20%, Alegre can pay another annual salary, and if the growth is not less than 10%, he will be able to claim only part of the bonus money.
Additionally, Alegre will pay a lump sum of 2.5 million dollars as an incentive. This money will have to be returned, in whole or in part, if the contract is terminated ahead of schedule. The company will also issue life insurance policies for Alegre and his wife, each for $ 5 million.
The amount is substantial, but the tasks before Alegre are not easy. In recent years, Activision Blizzard got into the news in connection with the dismissal of hundreds of employees, the severance of relations with Bungie, a drop in revenue and a reduction in the number of players. Ahead – release Diablo iv, which will mean a lot to the company after the scandal with Warcraft III: Reforged.
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