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This week, Brendan and James are joined by Michael Varner, director of executive compensation research at CtW Investment Group, to discuss recent developments in the world of AAA publishing.
Earlier this month, Activision Blizzard delayed its say-on-pay vote at the request of shareholders amid an ongoing campaign by CtW and other parties to persuade shareholders to vote against compensation proposals for its biggest execs, including CEO Bobby Kotick.
That vote was later passed with 54% approval — an all-time company low — meaning Kotick and co will continue to receive what CtW describes as “outsized equity pay”