Bobby Kotick leading poor man’s life until issues are solved

If your life revolves around lining up at the soup kitchen, you might start running into Bobby Kotick. Previously known to collect a monstrous salary, Activision’s CEO now promises to have his salary cut to the legal minimum. The Acti chief will have to do with an annual $62,500 income until all problems have been addressed. All by his own request, might I add.

Of course, this doesn’t mean that Bobby goes broke soon. The man has acquired plenty of wealth to last him a couple of years. Still, he hopes that this gesture will send out a signal to the outside world and his staff. With Activision-Blizzard under heavy scrutiny for sexual harassment allegations, measures needed to be taken.

According to Kotick, his company is already doing so. Twenty staff members involved in these allegations have already been fired. Furthermore, talking groups have been formed where people can express their concerns. But the commitments won’t stop there. A zero-tolerance policy is now in effect, which hopefully banishes all inappropriate behavior.

In theory, all of this sounds just great. A massive company finally admitting its wrongs and promising improvement. But the thing is that similar promises have been made in the past and people are getting impervious. To add some weight to his commitments, Bobby has asked the Board of Directors to reduce his pay until it’s actually implemented. At least that’s what he wrote in a letter to his staff

“I have asked our Board of Directors to reduce my total compensation until the Board has 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.”

If this isn’t a way to guarantee that shit will get taken care of fast, I don’t know what will. A rich guy living off of 62 grand a year… Talking about personal sacrifices. With gas prices skyrocketing, how’s he gonna keep driving his company car?

See you at the food bank, Bobby!

P.S.: Mad props to Joe Cummings for the image of Creepy Uncle Bobby.