President Activision BlizzardBobby Kotick, a huge amount of money as a result of Microsoft’s acquisition of the publisher. The deal will be completed by June 30, 2023 and the CEO will earn more than $350 million due to his stakes in the company.
According to the US Securities and Exchange Commission, which discloses information about investors and the company’s shares, Kotick owned 3,908,698 shares of Activision Blizzard. They are priced at $95 each with a total number of shares of $371,325,310.
Until the acquisition is complete, Microsoft has confirmed that Kotick will remain the publisher’s CEO. The new owner hasn’t said anything else if she plans to keep him in the position beyond 2023, but according to the SEC (U.S. Securities and Exchange Commission) document, if he is fired by December 2020, he will get $292 million thanks to the contractual terms. It is not known what the current values are.
Although this is a large amount, Microsoft paid $70 billion to the company. That is, the Activision Blizzard Chairman’s shares are equivalent to “only” 5% of that top prize.
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