Activision execs sharing 40 million for Activision-Vivendi merger

Posted Dec 10, 2007 at 8:11AM by QJ Staff Listed in: News, Titles Tags: Activision, Activision Blizzard, Financial Times, Robert Kotick, Vivendi
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Activision - Image 1 


According to the Financial Times, Activision's top two executives Robert Kotick (CEO) and Brian Kelley (co-chairman) will be sharing a US$ 40 million payout in change-of-control payments for the Vivendi-Activision merger.

The duo will each be receiving US$ 10 million plus shares that's valued at about the same amount. However it's also been reported that both of them waived additional benefits to their contracts for the new merger.

 
 
 
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