Ubisoft Yves Guillemot gives up some pay

Ubisoft Yves Guillemot gives up some pay

Ubisoft CEO gives up some pay Ubisoft CEO Yves Guillemot is forgoing about a third of his annual compensation for the coming year, according to a recent company filing. Why it matters: The unusual move signals just how rough things have been going for the Paris-headquartered mega-publisher of Assassin’s Creed and Rainbow Six. Details: Guillemot will forgo payment of about €310,607 (approximately $327,000) that he otherwise would have received over the next year. - That will drop his compensation for the next year by a third to €624,824 (approximately $656,000), not counting additional stock awards that won't be available until after 2023. - The pay cut was made without public fanfare, tucked into the fine print of Ubisoft’s 352-page annual report published in French and English this month. What they’re …
More on: www.axios.com