Activision’s CEO Bobby Kotick is now one of the world’s highest paid CEO’s in the United States. Apparently Activision increased Bobby Kotick’s compensation to $64.9 million in 2012 and about $55.9 million of that came from the stock awards, as mentioned in a report to the SEC, but he received $8.33 million for 2012 since the awards go on for five years.
Bobby Kotick earned about $8.3 million in 2011, and Michael Morhaime, CEO and President of Blizzard Entertainment, earned over $9 million in 2012. Kotick’s $64.9 million will be given to him in parts over the five-year stretch, and he can still earn $16 million if he meets the highest performance targets of the company. His base salary increased to about $2.1 million earlier this year.