Activision's Kotick set to get $400 million from Microsoft acquisition

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

South Africa News News

Activision Blizzard CEO Bobby Kotick set to receive almost $400 million windfall payout from Microsoft sale after taking a massive pay cut last year amid company scandal

against the gaming giant, accusing the Call of Duty publisher of creating a"'frat boy' workplace culture" that is a"breeding ground for harassment and discrimination against women."

According to the lawsuit, the company"allegedly fostered a sexist culture and paid women less than men despite women doing substantially similar work, assigned women to lower-level jobs, and promoted them at slower rates than men, and fired or forced women to quit at higher frequencies than men."he'd asked the company's board to reduce his overall annual compensation to $62,500 — the minimum allowed under California law — an over 99.

Even before the scandal last year, Kotick had received a 50% reduction to his base salary, according to a

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is very misleading. He would have received 250-300 million anyways based on previous stock prices

动视暴雪首席执行官博比·科蒂克(Bobby Kotick)去年因公司丑闻大幅减薪后,将从微软的出售中获得近4亿美元的意外收入

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Read Microsoft Gaming CEO’s email to staff about the Activision Blizzard acquisitionFormer Xbox chief is now the head of Microsoft Gaming. -600MP size300mm GN88 sensor 99P Lenz+250MP Ultra+250 macro+250 wide+250Tele 800X Zoom,Ten OIS+TOF Camera Al RGBWY 240-bit -5nm+ CPU_GPU 8.9GH,64core 512MB cache -UFS4 66Gb/s -Ram 64GB LPDDR6 77Gb/s -960HZ 7.9'QHD AMOLED 2 selfie+250MP Curved 20:9 -9900mAh -WIFI 7 980MHz 'If it moves we buying them' I grossed out at reading: 'I and [others]' and 'As [whoever] has said, I am CEO...' Imagine working for that ego! 🙄
Source: verge - 🏆 94. / 67 Read more »