The CEO of Electronic Arts, Andrew Wilson, had his pay cut by almost 50 per cent for the year ending March 31st, 2022.
That's according to a filing by EA – spotted by Axios – which discloses that the exec's salary was cut from $39.2 million to $19.9 million for the most recent financial year.
This came in the wake of a defeat for the firm's Say on Pay vote back in 2020, which saw only 26 per cent of shareholders vote with EA on the company's plans for exec pay.
Wilson was apparently still given $30 million in stock grants last year, though.
For the 2022 financial year, Wilson's base salary was $1,292,923, with another $13,973,702 being doled out in stock awards. The year prior, this was $1,249,615 in base salary with a whopping $32,870,225 coming from stock awards.
Even with his reduced compensation, Wilson was still paid 172 times more than the median employee at Electronic Arts.
Shareholders voting against EA's say on pay proposals was in part due to CtW Investment Group – now SOC Investment Group – which campaigned against what it deemed to be excessive exec pay.
