Bobby Kotick is tightening his belt (although he can afford to do so…).

Don’t forget that Bobby Kotick was the CEO who pocketed a nearly 200-million pay packet from various accumulated bonuses. However, it happened before the newest scandal around the company (there have been a few since Diablo Immortal). Earlier this year, the publishing giant’s CEO has already halved his pay, and now, he went a step further, requesting to cut his salary to the bare minimum of 62500 dollars per year.

” I want to ensure that every available resource is being used in the service of becoming the industry leader in workplace excellence. Accordingly, I have asked our Board of Directors to reduce my total compensation until we have determined that we have achieved the transformational gender-related goals and other commitments described above. Specifically, I have asked the Board to reduce my pay to the lowest amount California law will allow for people earning a salary, which this year is $62,500. To be clear, this is a reduction in my overall compensation, not just my salary. I am asking not to receive any bonuses or be granted any equity during this time,” Bobby Kotick said.

Activision Blizzard is implementing a new zero-tolerance harassment policy and implementing plans to increase the number of women and non-binary people in the workforce by 50%. Bobby Kotick has also promised to do away with forced arbitration for harassment and discrimination claims. Several employment contracts include forced arbitration. It practically forces employees with a dispute to settle rather than go to court. (They have to decide things without the judiciary system.)

It certainly seems like a positive PR move, and we mentioned earlier that the CEO had received a huge bonus. Therefore he will probably have no problem putting food on his table for the rest of his life, and the 200 million dollar bonus is several years worth of his income; he can use it at any time, not to mention the wealth he has built up over the last decade and a half (Activision Blizzard was created in 2008 after agreeing to form it in 2007).

Source: WCCFTech