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Electronic Arts’ Boss Earned 50% More than Apple’s CEO in 2014!
He boasts that Electronic Arts is not the money hungry corporate beast that everyone thinks, and yet the executives at the top of that company are focusing much more on filling up their bags as compared to other executives in the same line of business as the CEO of EA, Andrew Wilson.
According to the figures that are being displayed by Salaries.com, Wilson was one of the highest earning executives in the market for the year 2014 where he earned a gigantic $13.9 million!
Let me put that into context. The head of Activision, Bobby Kotick, despite being the CEO of the biggest game related company, earned half as much as the CEO of Electronic Arts. Kotick took home $6.8 million which in itself is major lump of moolah.
All this was at the same time when Strauss Zelnick, the man behind the most famous IP, Grand Theft Auto earned only £20,914 because he has some sort of an arrangement with Take Two Interactive.
What’s more, the CEO of the company that has been named the worst company of USA thrice earned north of 50 percent more than Tim Cook, the head of Apple Inc. whose total earnings were a major $9.22 million.
Just a reminder, Electronic Arts won the worst company award in 2012, and again in 2013; they were also nominated in 2014 but somehow Time Warner Cable didn’t let them have the privilege of making a hat-trick.
Anyhow, let’s look at how much did Andrew Wilson get and from where. Firstly, his base pay was just $674,038 with another $780,474 accounting for Bonuses and Non-Equity Incentives and $17,219 for Other compensations. The rest was made up by $3,896,250 being allotted to him in terms of Stock Award Value and another $8,607,400 for Option Award Value.
Of course Electronic Arts had major releases in 2014 like Titanfall, Dragon Age Inquisition, The Sims 4, Plants vs. Zombies: Garden Warfare, and a bunch of mandatory sports titles, but other major players were doing the same in 2014 right?
Do tell us how do you think this will affect the perception of EA in the eyes of the consumers?