Activision Boosts CEO Bobby Kotick's 2011 Earnings 46 Percent to $8.3 million
Activision Blizzard CEO Bobby Kotick earned $8.3 million in 2011, up from $5.6 million a year earlier, an increase mostly attributable to a $4.5 million bonus but a $1.9 million decrease in stock awards.
The maker of such popular video game franchises as Call of Duty and Skylanders paid Thomas Tippi, who is both CFO and COO, $5.1 million in 2011, a decrease from the $11.7 million he earned the year prior when his stock awards were $6.4 million and option awards were $2.4 million.
Eric Hirshberg, CEO of Activision Publishing, earned $1.6 million, down from $14 million in 2010, when he was paid large bonuses and stock and options awards.
Brian Hodous, the chief customer officer, earned $2.4 million, up from $1.2 million.
Michael Morhaime, CEO of Blizzard Entertainment, earned $7.5 million, down from $16. 5 million in 2010, a year that included stock and option awards plus $7.3 million from a nonequity incentive plan.