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Peter Moore's rich new relationship with EA |
Listed in: Xbox 360 Tags: EA Sports, Electronic Arts, Microsoft, Peter Moore, SEC
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No worries for Peter Moore, who has signed on as EA Sport's new President. The folks at NeoGAF recently found a document in the Securities and Exchange Commission website outlining Moore's new salary which, if you skip to the bottom line, basically says that Moore will be more than very well taken care of.Here's a couple of things Moore will be getting from EA:
- An annual base salary of US$ 550,000
- A "discretionary target bonus" 75% of his annual salary
- Stock option to buy 350,000 shares
- 50,000 restricted stock units
- Relocation expenses up to $330,000
- And the whopper: US$ 1.5 million as compensation for leaving Microsoft (which he has to give back if he leaves EA before two years)
To see the full SEC form, you can click the Read link below.
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Comments
JHHAHAHAHA
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EA is in no position to shortchange the PS3. Sony will always have the leverage over EA. They piss off Sony and you say goodbye to the PS2's install base.
Peter Moore is not paid that much money to be a fanboy... XBox fans keep on thinking that the 10-11 million 360 install base is such a big deal when only a percentage of that will be buying NBA Live or Madden and the rest in EA's roster... Your 10 million doesn't mean shi*t!!!! it is the PS2 install base that counts and if you piss off Sony thru unprofessional fanboyism then that's the worst thing you could do as the head of EA.
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