Bobby Kotick, the boss of Activision Blizzard, is paid too much. That’s the advice the company’s own shareholders are being given ahead of a proposal to award the CEO another year of big bonuses.
If these bonuses are granted, Kotick will benefit from “multiple, overlapping opportunities” to earn “outsize equity awards”, a filing to the US Securities and Exchange Commission, reported by GamesIndustry.biz, claims.
This year’s bonuses would give Kotick lower and less tangible performance targets with no reduction in compensation, two advisory services said.
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