Electronic Arts has awarded Peter Moore, its new EA Sports president, $22 million in shares. Yep, that’s how much American execs are dealing with these days.
Moore officially left his position as Xbox front man last month, and the first details of his massive EA salary had our jaws on the floor. His annual wage under EA is $550,000 per year, along with a discretionary target bonus of 75 percent.
On top of his whopping yearly salary and bonus EA also agreed to pay Moore a one-time bonus of $1,500,000 (minus applicable taxes) in “recognition of the future compensation value he would be foregoing by leaving his position at Microsoft”. If that isn’t enough, he’s now got the shares to play with.
If you were a dirty conspiracy theorist like us, you could call the move a way to keep Moore’s head on EA shares rather than old allegiances at Microsoft. But then again, nobody really knows what goes on in the brains of EA suits – least of all, us.
EA, Peter Moore, Award, Games, Gaming, Xbox