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Activision Stock Sale Gives Kotick Something To Smile About
Activision Blizzard CEO Bobby Kotick is having a great week. When Call of Duty: Modern Warfare 2 launched Tuesday it sold 4.7 million units within the first 24 hours generating $310 million. If that’s not enough, according to a Securities and Exchange Commission filing made this week, Kotick sold nearly two million shares of Activision Blizzard upon the launch of MW2 earning him a whopping $20 million. This figure tops his 2008 compensation package, which according to Forbes totaled nearly $15 million. Post-sale, Kotick still has 3,109,729 shares of Activision Blizzard that are now worth a smooth $35,575,300. No wonder he’s always smiling.
[Via GameSpot]
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