page contents Video Game CEOs Made Tens of Millions of Dollars in 2020 – The News Headline

Video Game CEOs Made Tens of Millions of Dollars in 2020

Activision-Snowfall CEO Bobby Kotick’s wage has been within the information on a couple of events during the last 12 months. And whilst he unquestionably makes considerably greater than maximum, a brand new file displays that he is in just right corporate, with different gaming CEOs bringing in tens of tens of millions of greenbacks in line with 12 months.

Video games One has compiled a rundown of online game government pay within the 12 months 2020 in line with corporate filings, together with wage, bonuses, inventory, and different financial advantages. The file unearths that Bobby Kotick used to be if truth be told now not the highest-earning CEO of 2020 — that prize is going to Robert Antokol, CEO of Israel-based Playtika, which makes free-to-play cell video games. In 2020, Antokol made $372 million in overall repayment, whilst Kotick introduced in $154.6 million.

Whilst they have been a ways and away the highest earners, different gaming CEOs in a similar fashion made piles of cash that 12 months. EA CEO Andrew Wilson gained $34.7 million in 2020, whilst Zynga’s Frank Gibeau earned $32 million. Take-Two (which simply introduced its goal to procure Zynga) noticed its CEO Strauss Zelnick usher in $18 million.

Different notable names at the listing come with then-GameStop CEO George Sherman’s $7.6 million, Roblox CEO David Baszucki incomes $6.eight million, Sq. Enix CEO Yosuke Matsuda receiving $four.2 million, Nintendo president Shuntaro Furukawa receiving $2.eight million, and Ubisoft CEO Yves Guillemot getting slightly below a million.

In overall, the 42 gaming CEOs earned $842 million in 2020. Particularly, those are simply CEOs for publicly-traded firms who should divulge CEO pay through legislation. Privately held firms, similar to Valve or Epic, do not divulge those numbers, so there are possibly plenty of similarly high-paid CEOs lacking from this listing.

Activision Snowfall Lawsuit Timeline: The Tale So A ways

For comparability, a handful of businesses disclosed their median worker repayment. Activision had the largest discrepancy between CEO and worker pay, reporting a mean worker repayment of $99,100 — mainly one buck for each and every $1,560 that Kotick earns. GameStop used to be the second-worst discrepancy, reporting a low, low median worker repayment of $11,033, or one buck for each and every $650 Sherman earned in 2020.

Gaming CEO repayment has been underneath scrutiny in recent times. Kotick’s pay specifically used to be lower previous ultimate 12 months after repeated grievance, regardless that he is nonetheless making $875,000 in wage on my own earlier than bonuses and different inventory advantages. EA in a similar fashion lower CEO Andrew Wilson’s pay ultimate 12 months.

Rebekah Valentine is a information reporter for IGN. You’ll to find her on Twitter @duckvalentine.

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