Activision CEO seeks large pay cut, links it to gender-related goals

FILE PHOTO: Bobby Kotick, chief executive officer of Activision Blizzard, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. REUTERS/Brendan McDermid

(Reuters) - Activision Blizzard Inc Chief Executive Officer Bobby Kotick has asked the company's board to reduce his total compensation to $62,500, at a time when the owner of the "Call of Duty" franchise is battling claims over sexual harassment and discrimination at its workplace.

Kotick, who received a total compensation $154.6 million last year, said in a letter https://bit.ly/3EoQqhF sent to employees on Thursday that he has sought a cut in his compensation until the company's transformational gender-related goals are met.