In 2020, as the world grappled with a paradigmatic societal shift in the form of a globe-spanning pandemic, chief executives of the biggest gaming companies collectively brought home close to $1 billion. Thatâs according to a new report from market intelligence firm Games One, which collates a handful of key metrics regarding the video game industry.
As notedby GamesIndustry.biz, the report details compensation for 42 of the highest-paid CEOs in the video game industry. The report doesnât just factor in raw salary, but also measures stocks, bonuses, and benefits.
âPublicly-traded companies are owned by shareholders, who elect the board of directors, who select the CEO. The board is responsible for compensation, and their decisions are ratified by shareholder vote,â the reportâs authors write, in explaining how this all works. âThe list is ⊠democracy in action.â
So, what does democracy in action look like?
Activision Blizzard CEO Bobby Kotick, whoâs sat at the helm for three decadesâa tenure under which a culture of abuse and harassment was allowed to proliferate, detailed in a bombshell Wall Street Journal investigation that revealed he knew about it all the whole damn timeâclocked in second with a roughly $150 million payday. Robert Antokol, the CEO of Playtika, a developer known for Bingo Blitz (described on the companyâs homepage as âthe most exciting free online multiplayer board game of our time!â) and Board Kings (described on the companyâs portfolio page as âthe most exciting free online multiplayer board game of our time!â), ended the year with nearly twice that in his pocket.
Strauss Zelnick, the fitnessâobsessed CEO of Take-Two Interactive, made about half that of Frank Gibeau, who runs Zynga. Earlier this week, Zelnickâs firm announced it would acquire Zynga for just under $12.7 billion. (As Axios Gamingâs Stephen Totilo noted, either company has until February 25 to turn down the deal, at the steep price of approximately one gaming executiveâs salary.) Meanwhile, Lars Wingefors, CEO of the Embracer Groupâwhich apparently has enough money on hand to go on a veritable studio shopping spree, scooping up developers like Gearbox and Aspyr in recent yearsâbrought home a bit less than a white-shoe attorney fresh out of law school would
Anyway, thatâs enough ado-ing. Here are the top 10 highest-earning CEOs of gaming companies:
Robert Antokol, Playtika; $372,008,176
Bobby Kotick, Activision Blizzard; $154,613,318
Andrew Paradise, Skillz; $103,321,052
Andrew Wilson, Electronic Arts; $34,715,802
Frank Gibeau, Zynga; $32,003,768
John Riccitiello, Unity; $22,001,733
Strauss Zelnick, Take-Two; $18,111,761
Taek-Jin Kim, NCSoft; $15,620,773
Min-Liang Tan, Razer; $10,457,000
Debbie Bestwick, Team17; $10,242,642
And here are the bottom 10 (out of the top 42 in the industry, that is):
Carl Cavers, Sumo Group; $685,495
David Braben, Frontier Developments; $581,516
Kati Levoranta, Rovio; $535,722
Anton Gauffin, Huuuge Games; $470,800
Alex Nichiporchik, tinyBuild; $419,460
Darcy Taylor, East Side Games; $418,473
Adam Foroughi, AppLovin; $409,462
Hannes Wallin, Fractal Gaming; $238,447
Claude Guillemot, Guillemot Corporation; $185,004
Lars Wingefors, Embracer Group; $162,293
While I have you, does anyone know where a journalist could sign up for CEO school?
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