Bobby Kotick has faced scrutiny and calls for his resignation, but appears set to profit.
Details:
Microsoft and Activision propose that Kotick could receive as much as $22 million in stock in July or later, if Activision’s board sees improvement in company culture. Measured improvements would include the implementation of a zero-tolerance harassment plan and an increase in hiring women and non-binary people.in October in response to the company’s scandals and said he was forgoing bonuses until the board saw improvement.
The filing also indicates that the board may extend Kotick’s contract by 12 months beyond its current March 2023. Kotick has not been expected to remain at the company long after the merger, a source told Axios’ Ina Fried earlier this year. Should Kotick be fired without cause by Microsoft, he’ll get a $15 million “golden parachute,” according to the filing's compensation proposal.
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