Peter Moore’s rich new relationship with EA
No worries for Peter Moore, who has signed on as EA Sport’s new President. The folks at NeoGAF recently found a document in the Securities and Exchange Commission website outlining Moore’s new salary which, if you skip to the bottom line, basically says that Moore will be more than very well taken care of.
Here’s a couple of things Moore will be getting from EA:
- An annual base salary of US$ 550,000
- A “discretionary target bonus” 75% of his annual salary
- Stock option to buy 350,000 shares
- 50,000 restricted stock units
- Relocation expenses up to $330,000
- And the whopper: US$ 1.5 million as compensation for leaving Microsoft (which he has to give back if he leaves EA before two years)
Moore will start his new, and rather well compensated, job on September 4.
To see the full SEC form, you can click the Read link below.
No worries for Peter Moore, who has signed on as EA Sport’s new President. The folks at NeoGAF recently found a document in the Securities and Exchange Commission website outlining Moore’s new salary which, if you skip to the bottom line, basically says that Moore will be more than very well taken care of.
Here’s a couple of things Moore will be getting from EA:
- An annual base salary of US$ 550,000
- A “discretionary target bonus” 75% of his annual salary
- Stock option to buy 350,000 shares
- 50,000 restricted stock units
- Relocation expenses up to $330,000
- And the whopper: US$ 1.5 million as compensation for leaving Microsoft (which he has to give back if he leaves EA before two years)
Moore will start his new, and rather well compensated, job on September 4.
To see the full SEC form, you can click the Read link below.