Activision CEO’s $30 Million Pay Opposed by Pro-Labor Investor

June 4, 2020, 5:18 PM

CtW Investment Group, a pro-labor group, is urging shareholders of the video-game company Activision Blizzard Inc. to oppose the pay package of Chief Executive Officer Bobby Kotick following job cuts last year.

Kotick, who’s led Activision for about three decades, has received about $30 million in compensation annually over the past few years, regulatory filings show. The vote is set for June 11.

“Activision Blizzard’s skewed approach to human capital management -- lavishing multimillion-dollar rewards on the CEO as employees face layoffs -- needs to be addressed before it manifests in deeper operational problems,” CtW Executive Director Dieter Waizenegger ...

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