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Activision CEO Gets A Raise


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Robert Kotick, president and chief executive officer of Activision Blizzard Inc., increased his compensation almost eightfold to $64.9 million last year, becoming one of the highest-paid CEOs in the U.S.


The increase would put Kotick at No. 2 among U.S. public- company CEOs for 2012, based on data compiled by Bloomberg. Oracle Corp. founder Larry Ellison leads with $96.2 million including options and other extras. Kotick could receive another $16 million if he meets the highest performance targets, according to the filing.

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Kotick’s base salary and incentive compensation are richer than what’s expected for the video-game sector, Minow said. The company also isn’t clear about how his pay was determined, and stock grants aren’t sufficiently tied to performance, she said.


For those wondering:




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