CEOs of Activision and EA Named Amongst the “Most Overpaid” in the US
CEOs of Activision and EA Named Amongst the “Most Overpaid” in the US
EA CEO Andrew Wilson earns the most with earnings of $35,728,764, which is 371 times larger more than that of his average employee. A total of 97 percent of EA’s shareholders voted to approve this salary.
Bobby Kotick, the CEO of Activision, ranks higher on the list despite his lower salary of $28,698,375, which is 306 times higher than his average employee. Earlier this month Activision laid off an estimated 800 employees after the company failed to meet its financial targets.
In recent years, As You Sow has reported that shareholder approvals of high CEO salaries have decreased. Even so, CEO pay continues to increase in the US.
The Median pay ratio of CEOs on the S&P 500 list has been reported as 142:1, whereas the average on the As You Sow Most Overpaid CEO list is over 300:1.
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