Activision Gives $15 Million Sweetener to New CFO Dennis Durkin
Dennis Durkin in 2009.
Photographer: Natalie Behring/Bloomberg
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Activision Blizzard Inc.’s Dennis Durkin will receive awards worth $15 million as part of his appointment to chief financial officer.
Durkin will get $11.3 million of restricted stock tied to operating income and earnings-per-share targets, and a $3.75 million sign-on bonus, the Santa Monica, California-based company said Friday in a regulatory filing. That’s on top of his $900,000 salary and a $1.35 million target bonus.