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EA boss Andrew Wilson was paid $19.9 million in the course of the fiscal yr ended March 31, 2022, marking a lower on the $39.2 million he obtained the yr prior.
As famous by Axios, the drop comes after shareholders voted in opposition to sizeable pay will increase for executives on the FIFA and Battlefield writer.
Wilson was handed a $30 million inventory grant in 2021 however obtained a decrease — if nonetheless multi-million greenback – inventory grant of $18 million for the 2022 fiscal yr.
Outlining the “enhancements” made to its govt compensation program in an SEC submitting, EA famous that Wilson’s fairness award for the 2022 fiscal yr was 40 % decrease than the goal worth of his 2021 fairness award.
“We reiterated our dedication to not grant any particular fairness awards to named govt officers by not less than the top of fiscal yr 2026 and confirmed that this dedication applies to enhanced annual fairness awards,” wrote the corporate.
“Additional, the goal worth of Mr. Wilson’s fiscal yr 2022 fairness award was 40 % decrease than the goal worth of his fiscal yr 2021 fairness award, and there was no improve to the goal worth of his fiscal yr 2023 fairness award from his fiscal yr 2022 goal worth.”
Though Wilson’s obtained considerably much less fairness, the long-serving CEO’s base wage rose by 3.2 % to $1.3 million in recognition of his “efficiency and contributions” in the course of the earlier yr.
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