Activision Blizzard CEO Bobby Kotick could walk away with more than $ 500 million after the Microsoft deal

Bobby KotickCEO of Activision Blizzard could go away with as much as $ 520 million after Microsoft completes its planned acquisition of the video game company.

In a securities application on Friday, Activision said Mr Kotick would receive $ 14.4 million in severance pay if he is fired or stops under a variety of circumstances within a year of a change in control of the company. It also said Mr Kotick owns 4.3 million shares and is entitled to acquire a further 2.2 million – potentially worth just over $ 500 million in total at the price of $ 95 per share. shares. Mr. Kotick received $ 826,549 in compensation in 2021, according to the application.

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