This morning, an agreement filed with the SEC found Activision Blizzard CEO Bobby Kotick agreeing to cut both his salary and annual bonus by 50%. Other incentives, such as the Transformation Transaction Award and Shareholder Value Creation Incentive were also eliminated. The Shareholder Value Creation Incentive was reported to be valued at upwards of $200 million in stock value, or $41 million after tax withholdings.
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