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Nice Work If You Can Get It: EA's Riccitiello, Moore Earn Big Bucks in Bad Year

By gamepolitics

Yes, Electronic Arts may have laid off 10% of its workforce and posted a billion dollar loss in recent months, but rank has its privileges, after all.

And ranking execs at EA are clearly among the privileged, based on a preliminary proxy statement filed by EA this week which lists compensation for its top officials. CEO John Riccitiello's fiscal 2009 package, which included salary, stock awards, option awards, benefits and a performance-based cash bonus, is valued at $6,365,823.

EA Sports President Peter Moore won't be brown bagging his lunch, either. EA lists Moore compensation package at $4,284,366. Here's the breakdown for Riccitiello (right) and Moore (left), EA's two most high-profile execs:

Here are Riccitiello's numbers:

• Salary - $793,749  
• Bonus -
• Stock Awards - $1,055,461
• Option Awards - $4,115,305
• Non Equity Incentive Plan Compensation - $400,000 
• All Other Compensation - $1,308
• TOTAL - $6,365,823

And here are Moore's (cost of game launch tattoos not included):

• Salary - $564,624 
• Bonus -
• Stock Awards - $1,443,741
• Option Awards - $1,589,290
• Non Equity Incentive Plan Compensation - $200,000
• All Other Compensation - $486,711
• TOTAL - $4,284,366

The Associated Press notes that Riccitiello's incentive bonus dropped from $625,000 in fiscal 2008 to the $400,000 figure listed above. In contrast to EA's filing, the AP estimates Riccitiello's total compensation at $11.1 million, using a $9.9 million valuation on stock options.

Not bad for a crappy year.                                       

Full post as published by GamePolitics.com on May 29, 2009 (boomark / email).