Video Sport CEOs Made Tens of Tens of millions of {Dollars} in 2020 – IGN

Video Sport CEOs Made Tens of Tens of millions of {Dollars} in 2020 – IGN

Activision-Blizzard CEO Bobby Kotick’s wage has been within the information on a number of events over the past yr. And whereas he actually makes considerably greater than most, a brand new report exhibits that he is in good firm, with different gaming CEOs bringing in tens of tens of millions of {dollars} per yr.Video games One has compiled a rundown of online game government pay within the yr 2020 primarily based on firm filings, together with wage, bonuses, inventory, and different financial advantages. The report reveals that Bobby Kotick was really not the highest-earning CEO of 2020 — that prize goes to Robert Antokol, CEO of Israel-based Playtika, which makes free-to-play cellular video games. In 2020, Antokol made $372 million in whole compensation, whereas Kotick introduced in $154.6 million.Whereas they have been far and away the highest earners, different gaming CEOs equally made piles of cash that yr. EA CEO Andrew Wilson acquired $34.7 million in 2020, whereas Zynga’s Frank Gibeau earned $32 million. Take-Two (which simply introduced its intention to amass Zynga) noticed its CEO Strauss Zelnick herald $18 million.Have you ever performed Name of Responsibility: Vanguard?YESNOOther notable names on the checklist embrace then-GameStop CEO George Sherman’s $7.6 million, Roblox CEO David Baszucki incomes $6.8 million, Sq. Enix CEO Yosuke Matsuda receiving $4.2 million, Nintendo president Shuntaro Furukawa receiving $2.8 million, and Ubisoft CEO Yves Guillemot getting just below a million.In whole, the 42 gaming CEOs earned $842 million in 2020. Notably, these are simply CEOs for publicly-traded corporations who should disclose CEO pay by legislation. Privately held corporations, akin to Valve or Epic, do not disclose these numbers, so there are doubtless a lot of equally high-paid CEOs lacking from this checklist.Activision Blizzard Lawsuit Timeline: The Story So FarFor comparability, a handful of corporations disclosed their median worker compensation. Activision had the most important discrepancy between CEO and worker pay, reporting a median worker compensation of $99,100 — principally one greenback for each $1,560 that Kotick earns. GameStop was the second-worst discrepancy, reporting a low, low median worker compensation of $11,033, or one greenback for each $650 Sherman earned in 2020.Gaming CEO compensation has been beneath scrutiny in recent times. Kotick’s pay specifically was lower earlier final yr after repeated criticism, although he is nonetheless making $875,000 in wage alone earlier than bonuses and different inventory advantages. EA equally lower CEO Andrew Wilson’s pay final yr.Rebekah Valentine is a information reporter for IGN. You could find her on Twitter @duckvalentine.Thumbnail Picture Credit score: Scott Olson/Getty Photos

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