A recent study has determined the top 100 most overpaid CEOs as of 2019. This study, which began in 2015, took at look at the S&P 500 and whether pension funds and financial managers were addressing excessive compensation. The methodology utilized data such as CEO pay in relation to total shareholder return (TSR), votes against the CEO pay package, measuring the median pay of an employee at the company to the CEO's pay, and more. Notably, Activision Blizzard CEO Robert Kotick and EA CEO Andrew Wilson both make the list.

These figures take the 45th and 98th position respectively, with the amount paid, the excess paid, the CEO to worker pay ratio, and the votes for CEO pay packages all compiled and accounted for. Furthermore, the report also went on to detail the median pay ratio for the S&P as 142:1, but the median for companies on the list is 300:1.

As far as Activision CEO Kotick is concerned, the report puts his pay at nearly $28.6 million, with $12.8 million of that being considered excess. This number is a 306:1 ratio to employee pay, and holding this 45th position may cause some trouble for Activision. The company itself has recently caught some flak for laying off 800 employees despite boasting a record year, with the Game Workers Unite labor organization calling for the dismissal of CEO Kotick.

EA finds itself much further down the list, but the statistics are incredibly similar. EA CEO Andrew Wilson's pay is reported at 35.7 million, and 19.6 million of that is listed as excess pay. The EA CEO-to-employee pay ratio is 371:1, making it more than double the median for the S&P in general. It's worth mentioning that EA reported a "difficult quarter" for Q3 2018, but the popularity of Apex Legends has created a lot of potential for the company.

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All things considered, the two Activision and EA figures appearing on this list may not be a surprise to some, given the recent reputations of the two companies. The report concludes by urging investors to have their voices heard, as it is also clear that Activision and EA are not the worst offenders on this list.

Source: As You Sow