Earlier this week we reported that current Microsoft Entertainment (Xbox) head Don Mattrick was leaving the company to take the helm at struggling casual game maker Zynga.
Mattrick will replace Zynga founder and current CEO Mark Pincus, who may have been out of his league once the company went public last year.
It has been reported today that Mattrick will get a huge pay package for ... [ read the full article ]
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Originally posted by megadunderhead: actually i find this funny.
Qoute:
"i fully support the xbox one it will be a great console"
Answer:
Then why are you leaving you stupid moron sellout
...um, well, maybe, just maybe it's because he has done all the stuff he wanted to in the design & launching of the Xbox One project & he wants to move on to something new?
Originally posted by Bozobub: Yet another overpaid CEO, sucking the life out of another company.
Now this I do agree with.
The absurd levels of CEO/senior level pay in many western countries
(where a stunning salary is never enough but various bonuses & a variety of 'packages' are the norm)
IS robbing companies of large amounts of money that could be spent on R&D & a host of other more deserving priorities.
The trouble is top level pay/bonuses etc is decided by the very people who stand to benefit most from it.
IMO there ought to be a maximum pay level set, it is quite obvious that these greedy so & so's will never be satisfied & the grotesque disparity in pay across the western world will only continue to get ever worse.
I have no problem with a guy setting up a successful business recouping the benefit but exec pay is quite another matter (and ditto for politicians)
Wow, a few weeks ago it seemed he was trying to destroy the xbox one launch with all the restrictive DRM, that gets reversed, and now he's off to Zynga.
Originally posted by Bozobub: Yet another overpaid CEO, sucking the life out of another company.
Indeed.
They get paid their "bonuses" regardless even if they stuff up... in the case of financial institutions even the taxpayer has to pay it when they stick their hand out for corporate welfare.
