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54. Re: John Riccitiello Leaving EA Mar 18, 2013, 20:54 Beamer
Total-Khaos wrote on Mar 18, 2013, 19:07:
Beamer wrote on Mar 18, 2013, 17:09:
Ok, he's getting 2 years salary as severance, plus "benefits." All in all not a huge parachute. He was making something like $5-$7 million per year, approximately, but the severance is just salary, so that's about $750,000 per year.

2 years salary, and $1.7MM, isn't enough to make me angry. I mean, it's not like I'm sitting here feeling extremely sorry for him, or thinking employees fighting tooth-and-nail for an extra half a percent raise should, but this isn't one of those deals where a guy is walking away with something ridiculous, especially relative to what he was earning.

His base salary, according to SEC filings dated 02/21/2007, was $750,000 plus a target bonus percentage of 100% of his annual salary. That means his total income per year, if EA met their targets, would be $1.5 million. That doesn't include stock options, etc.

Yup, but including stocks and such he made much more. There are articles about how he earned $7 million in 2008. Forbes says he got almost $6 million in 2011. And he seems to have received 129,000 stock shares every September, which currently adds up to over 2.4 million.
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