Activision Blizzard's CEO looks to slash his pay by millions as the company's harassment scandal continues
CNN
Activision Blizzard CEO Bobby Kotick has asked the company's board to slash his pay to the "lowest amount California law will allow" until the gaming company fixes its issues with gender discrimination and harassment, he said in a letter to employees on Thursday.
If the board approves, Kotick will be paid $62,500, he said — a sharp drop from the $155 million pay package approved by shareholders in June.
"I am asking not to receive any bonuses or be granted any equity during this time," he added.
A CIA assessment circulated among US officials this week concluded that Israeli Prime Minister Benjamin Netanyahu likely judges he can get away without defining a post-war plan — even as the Biden administration has launched a full-court press to pressure him to bring an end to the conflict in Gaza.