When Saudi Arabia’s leveraged buyout of Electronic Arts is finalized, the newly private company won’t have to release any financial documents to the public. In the meantime, EA’s latest financial disclosure has revealed that CEO Andrew Wilson received a massive $30 million increase in his compensation this year, and he wasn’t the only EA executive to reap the rewards.
Per EA’s report filed with the Security and Exchange Commission, Wilson’s compensation package in the previous fiscal year rose by $8 million to $38 million. That total includes bonus payments and stock options. The report also notes that Wilson’s $38 million payout has a 305-1 ratio to the $126,612 annual total compensation received by EA’s median employee.
Another eye-opening fact uncovered in the report notes that Wilson only flies on private planes rather than commercial airliners. According to the filing, Wilson received this perk to ensue “his personal safety and that of his family based on threat intelligence.” No particular threats were shared, but it was noted that Wilson’s private flights extended to his personal use as well.
