Activision Blizzard CEO Agrees to 50% Salary Cut in New Employment Agreement

Activision Blizzard CEO Agrees to 50% Salary Cut in New Employment Agreement

Bobby Kotick will remain the CEO of Activision Blizzard until at least March 31, 2023 per a new employment agreement, according to a recent SEC filing. However, the new agreement comes with a voluntary salary reduction of 50%. Additionally, Kotick’s target annual bonus has been reduced by 50%. Kotick will still be eligible to earn […]

The post Activision Blizzard CEO Agrees to 50% Salary Cut in New Employment Agreement first appeared on The Esports Observer.

Key Personnel, Market & Companies, News, North America, Activision Blizzard, Bobby Kotick, sec filing

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