He's CEO of Activision for 23 years now. As "salary" for his job he gets a lot of stocks every year.
The amount of stocks is constantly in fluctuation, I don't know what kind of numbers you're making up here. Besides, he's CEO of Activision, and initiated the merge with Blizzard in 2008. No idea how many stocks they had at this time. I still don't know what you're getting at, as CEO he has a lot of stocks of his company, and he's trading them constantly, for people like him selling stocks is the same as for us going to the ATM and withdrawing $100 from our bank account.
So, if you did not intend to hint at insider trading, what else was the purpose of this post? To tell us that the owner of Activision Blizzard (and not the person who "runs the Blizzard ship" as you falsely stated) is a capitalistic manager? Guess what, if you're not like that, you're not CEO for 23 years. And he's no saint, it's commonly known, so no news at all.
Well I would say that I'm busted and should have searched for more information except for one minor point, where are the records of Kotick ever BUYING the shares...
And by being CEO, you get a ton of options along the way as part of your salary. At some point you cash out.
Just read the wiki page - he's a gambling broker. He has no interest in the gaming business, he just wants to earn money.
But your initial post, hinting that he does some insider trading, is ridiculous; like shaggy said, why would a man who is a multiple millionaire risk getting busted for a mere 200k earned by insider trading using stocks from the company he is CEO of?
This entire thread is making me sick. "Oh my god, some capitalist is making money!" - yeah, that's the world we live in. You obviously just wanted to vent. And now I'm venting... meh.
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ModeratorThe amount of stocks is constantly in fluctuation, I don't know what kind of numbers you're making up here. Besides, he's CEO of Activision, and initiated the merge with Blizzard in 2008. No idea how many stocks they had at this time. I still don't know what you're getting at, as CEO he has a lot of stocks of his company, and he's trading them constantly, for people like him selling stocks is the same as for us going to the ATM and withdrawing $100 from our bank account.
So, if you did not intend to hint at insider trading, what else was the purpose of this post? To tell us that the owner of Activision Blizzard (and not the person who "runs the Blizzard ship" as you falsely stated) is a capitalistic manager? Guess what, if you're not like that, you're not CEO for 23 years. And he's no saint, it's commonly known, so no news at all.
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Moderatorhttp://en.wikipedia.org/wiki/Robert_Kotick
Kotick and his partner Brian Kelly bought a 25% stake in Activision in December 1990,[3][4] and became CEO in February 1991.
And by being CEO, you get a ton of options along the way as part of your salary. At some point you cash out.
Just read the wiki page - he's a gambling broker. He has no interest in the gaming business, he just wants to earn money.
But your initial post, hinting that he does some insider trading, is ridiculous; like shaggy said, why would a man who is a multiple millionaire risk getting busted for a mere 200k earned by insider trading using stocks from the company he is CEO of?
This entire thread is making me sick. "Oh my god, some capitalist is making money!" - yeah, that's the world we live in. You obviously just wanted to vent. And now I'm venting... meh.