Bobby Kotick Will Receive $22 Million If Activision Stops Being Terrible
Last year, Bobby Kotick made a big deal about how he would not be taking home his ridiculously big salary, and would instead be making $62,500. He added that he would be "asking" not to receive any bonuses. Many people, including us, asked Activision if this means he would outright refuse any bonuses, or possibly donate them if the board for some reason granted him the paycheck anyway, but there was no response. And now we know why.
Kotick is set to receive a $22 million stock bonus this summer, as long as workplace conditions have "sufficiently improved". He will also have his usual salary restored, which in previous years has been as high as $155 million.
Related: Bobby Kotick Should Have Been Forced Out Of The Gaming Industry Years Ago
This news comes from a document in relation to the Activision Blizzard and Microsoft merger. It says that both companies have agreed that Bobby Kotick can receive his usual salary and bonuses if his company has made "appropriate progress" in its plans to combat sexist abuse in the workplace. As per the document, this includes launching a zero-tolerance harassment policy, increasing gender diversity in the workplace, and waiving mandatory arbitration of individual sexual harassment claims.
The payment can be granted six months after the merger was agreed, meaning Kotick can end his self-imposed financial "punishment" less than a year since it began, and potentially less than a year since the allegations of workplace harassment were made.
Should he stay on, the document states that his annual salary would initially be capped at $875,000, with any raises having to be approved by the internal "Workplace Responsibility Committee". Considering he has been internally approved for pay
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