Videogame publisher Activision Blizzard Inc’s Chief Executive Robert Kotick received a total compensation of $64.9 million last year, making him one of the top paid CEOs in the United States.<\/p>\n
Kotick’s 2012 total compensation includes about $56 million in stock awards, while there were no stock awards for 2011. His base salary doubled to $2 million, according to regulatory filings on Friday. (http:\/\/r.reuters.com\/bew67t)<\/p>\n
Kotick, 50, also a board member of Coca-Cola Co, was paid $8.33 million in 2011 by Santa Monica-based Activision.<\/p>\n
The company’s revenues and net income, however, rose only in single digits for 2012, slower than the growth rate it saw in 2011.<\/p>\n
Activision’s Kotick makes over three times the $21 million pay package received by Goldman Sach Group Inc’s CEO Lloyd Blankfein in 2012, and it is 50 percent higher than Walt Disney Co CEO Robert Iger’s $40.2 million compensation in 2012.<\/p>\n
Kotick has been a director and CEO of Activision Inc, since February 1991 until July 2008, when he became CEO of Activision Blizzard in connection with the combination of Activision and Vivendi Games.<\/p>\n
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