EA CEO cuts salary in half \u2013 to $20 million EA\/Andrew WilsonElectronic Arts CEO Andrew Wilson has chopped his 2022 salary in half \u2014 from $39.2 million to $19.9 million \u2014 after the company promised changes following negative shareholder feedback. Back in June 2021, EA promised to deliver \u201csubstantial changes\u201d after shareholders shared concern over pay for CEO Andrew Wilson and other executives at the company. Now, one year later, new financial filings show that the the EA CEO\u2019s salary has been cut. Amid a period of financial turmoil, following the disastrous launch of some of EA\u2019s biggest franchises that included Battlefield 2042, it\u2019s unsurprising that leadership would accept a pay reduction. But even this massive cut still left Wilson with quite a hefty salary remaining. EA boss gets salary cut in half EA\u2019s 2022 SEC filing revealed that the gaming giant\u2019s massive gains from FIFA 22 and Apex Legends were offset by the losses from Battlefield 2042. The poor financial performance meant that some changes would be in the works and it appears this salary cut is the first salvo. The news of salary cut comes courtesy of Eurogamer, who reported that the decision was made following the rare \u201cno\u201d vote for raises to company executives from shareholders. Amid promises to make changes, Wilson\u2019s salary was shrunk to $19.9 million for the financial year ending March 31. Read More: Activision Blizzard investigation finds \u201cno widespread harassment\u201d at Activision Blizzard – The EA CEO\u2019s salary reduction represents a 50% pay decrease. However, many are pointing out that Andrew Wilson was ranked as the 16th most overpaid CEO by As You Sow for his previous salary of $40 million. As You Sow therefore rated Wilson as the 16th most overpaid executive based on his salary compared to revenues generated. Observers also point out that, despite the pay cut, Wilson\u2019s salary far outstrips those of EA\u2019s rank-and-file workers. According to EA\u2019s financial report, Wilson\u2019s new salary is still 172 times the median salary of EA employees, which sits at $115,569.<\/p>\n","protected":false},"excerpt":{"rendered":"
EA CEO cuts salary in half \u2013 to $20 million EA\/Andrew WilsonElectronic Arts CEO Andrew Wilson has chopped his 2022 salary in half \u2014 from $39.2 million to $19.9 million \u2014 after the company promised changes following negative shareholder feedback. Back in June 2021, EA promised to deliver \u201csubstantial changes\u201d after shareholders shared concern over […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-80474","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/80474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=80474"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/80474\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=80474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=80474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=80474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}