Activision CEO Cashes In

Activision CEO Cashes In

November 13, 2009

Hot on the heels of trememdous first-day sales for the controversial sequel Call of Duty: Modern Warfare 2, Activision's CEO and a member of the Activision board have exercised some lucrative stock options.

According to a Gameindustry.biz report, CEO Bobby Kotick made more than $20 million this week when he exercised options on close to 1.93 million shares of stock. The options, dated from April 18, 2000, allowed him to buy the shares for $1.03 and sell them for between $11.43 and $11.54.

Also this week, director Brian Kelly exercised options he received in 2004 and 2006 to clear about $10.5 million.

Posted in

Comments

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Re: Activision CEO Cashes In
Submitted by DarkSaber - November 13, 2009 at 11:44 am -0500

Um good for them?

If they blow their noses, be sure to tell us k?

--------------------------------------------------

I LIKE the fence. I get 2 groups to laugh at then.

Re: Activision CEO Cashes In
Submitted by John Keefer - November 13, 2009 at 11:54 am -0500

Here's an idea: If you see Activision in a headline, don't read it. They've been in the news a lot lately with their music games and MW2. Should we not cover it as news just because you are tired of the topic?

Now be a nice little troll and crawl back under your bridge. I'll find a nice Activision nose blowing story to feed you next week.

;)

Re: Activision CEO Cashes In
Submitted by ZippyDSMlee - November 13, 2009 at 11:58 am -0500

That...was....awesome 0-o

Until lobbying is a hanging offense I choose anarchy! Stop supporting big media and furthering the criminalization of consumers!! http://zippydsmlee.wordpress.com/

Re: Activision CEO Cashes In
Submitted by DarkSaber - November 13, 2009 at 12:04 pm -0500

Print shit, expect shitty comments. Not my fault it's a slow news day for you. You may have been trying to be smart-arse, but you sure weren't smart enough to not feed the troll.

--------------------------------------------------

I LIKE the fence. I get 2 groups to laugh at then.

Re: Activision CEO Cashes In
Submitted by John Keefer - November 13, 2009 at 12:08 pm -0500

ah, but I knew I was feeding you. Even muck-divers need to eat. Every good site has its trolls and we try to take care of ours.

Re: Activision CEO Cashes In
Submitted by DarkSaber - November 13, 2009 at 12:11 pm -0500

Also, if you could maybe report on Koticks bowel-movements I'd be much obliged, especially if you can give details on what he ate the day before.

--------------------------------------------------

I LIKE the fence. I get 2 groups to laugh at then.

Re: Activision CEO Cashes In
Submitted by John Keefer - November 13, 2009 at 12:12 pm -0500

If the value of his shit runs into the millions, most certainly.

Re: Activision CEO Cashes In
Submitted by DarkSaber - November 13, 2009 at 12:14 pm -0500

Well Modern Warfare 2 certainly did.

--------------------------------------------------

I LIKE the fence. I get 2 groups to laugh at then.

Re: Activision CEO Cashes In
Submitted by John Keefer - November 13, 2009 at 12:17 pm -0500

And so our little give and take has come full circle. We will now return to our original programming.

Re: Activision CEO Cashes In
Submitted by ZippyDSMlee - November 13, 2009 at 12:11 pm -0500

This is turly the best site ever!!!!!

Until lobbying is a hanging offense I choose anarchy! Stop supporting big media and furthering the criminalization of consumers!! http://zippydsmlee.wordpress.com/

Re: Activision CEO Cashes In
Submitted by killatia - November 13, 2009 at 8:16 pm -0500

Damn right it is!

http://www.magicinkgaming.com/

Re: Activision CEO Cashes In
Submitted by Ashkihyena - November 16, 2009 at 1:21 am -0500

This makes me feel dirty, and it also makes part of my soul die.

Re: Activision CEO Cashes In
Submitted by Ormick - November 16, 2009 at 1:33 am -0500

 

Your shit posts on Activision and Mw2 make me cry. I miss Dennis.

Re: Activision CEO Cashes In
Submitted by sharpshooterbabe - November 17, 2009 at 9:38 am -0500

Good for them.....Although I think that money would be better given to the writers, producers, animation team & so on for their hard work on this game. But there is enough money going around for the ceo's & cfo's of alot of companies right now. But Activision & Infinity Ward have earned their money & not poking the government for money.......HA HA HA!!!! That's why games will always prosper, like the porn industry. HA HA HA!!!!!

 

 

"It's better to be hated for who you are, then be loved for who you are not." - Montgomery Gentry

GamePolitics ShoutBox

Posted 02/09/10 at 10:59am
Valdearg: Honestly, the only thing I can imagine is the plaintiffs think it's their religious right to perpetrate violent criminal acts against homosexuals. Unfortunately, knowing some folks like that, it wouldn't surprise me if they did believe that.
Posted 02/09/10 at 10:59am
Valdearg: @AE: I know, right? The only thing that law does is make a violent criminal act more severe if it was motivated by a hatred of homosexuals.
Posted 02/09/10 at 10:43am
Andrew Eisen: What's amazing is the folks at that Law Center can't seem to read plain English that states that nothing in the law restricts someone's right to think what they want or say what they want.
Posted 02/09/10 at 10:39am
Valdearg: But, hey, people are capable of anything when they use their religion as justification for their blatantly bigoted behavior.
Posted 02/09/10 at 10:35am
Valdearg: It's amazing, that anyone with any humanity, whatsoever, would challenge a law that adds protections to a group of people who are excessively targeted for violent attacks, based strictly on who they are.
Posted 02/09/10 at 10:33am
Valdearg: Essentially, he claims the law infringes on a Catholic's God Given right to express their beliefs. This is only true if he believes it's his God given right to use someone's homosexuality as motivation to assault, murder, or maim them.
Posted 02/09/10 at 10:32am
Valdearg: Catholic Zealot Tom Monaghan's Catholic Law Center challenging Hate Crimes legislation, a law that adds protection for homosexuals against violent, criminal attacks.
Posted 02/09/10 at 10:30am
Valdearg: Yet another example of "Catholics behaving badly".
Posted 02/09/10 at 07:00am
Austin_Lewis: That Alabama school shooting is supposedly gang related, according to the shooter's lawyer.
Posted 02/08/10 at 10:22pm
JDKJ: Landrieu. That's a good Cajun name. I ga-run-tee.
Posted 02/08/10 at 09:36pm
BearDogg-X: New Orleans elected Sen. Mary Landrieu's brother, Lt. Governor Mitch Landrieu as mayor Saturday night.
Posted 02/08/10 at 02:22pm
Valdearg: J/K, btw, with that last comment. Just in case anyone was confused.
Posted 02/08/10 at 02:21pm
Valdearg: This comes on the heels of Sarah Palin telling the Teaparty Convention to pray for Divine intervention to stop the Progressive tide. It seems she succeeded in recruiting the big man to offer some help. >.<
Posted 02/08/10 at 02:20pm
Valdearg: @A_L: I'm hearing that, as well.. It seems the dems aren't just losing seats via elections... :(
Posted 02/08/10 at 02:04pm
DarkSaber: Did he design Big Murtha Truckers 1 & 2?
Posted 02/08/10 at 01:50pm
Austin_Lewis: John Murtha reportedly deceased.
Posted 02/08/10 at 01:04pm
Shadow D. Darkman: DarkSaber: (EDIT) IDC really, it's just good to see some new stuff here.
Posted 02/08/10 at 01:02pm
DarkSaber: @Shadow If the on-going spat in China over WoW counts as "new" at least. Does anyone here REALLY give a shit about the state of chinas game industry anyway?
Posted 02/08/10 at 12:59pm
gellymatos: Oh, we pro-life advocates have our nutjuobs to (ie, guys who shoot up abortion clincs). We can have worse ones than yours.
Posted 02/08/10 at 12:58pm
Shadow D. Darkman: Finally, new articles!
Login or register to post shouts