A significant $14.2 million severance package is in store for Activision Blizzard’s Chief Legal Officer, Grant Dixton, when his term comes to an end in March. The exit follows closely on the heels of the videogame giant’s notable $69 billion sale to Microsoft.
Dixton’s compensation package for the previous year came to $5.5 million, as delineated in Activision Blizzard’s newest proxy statement. This document also provides fascinating insights into the specifics of his severance arrangement, particularly highlighting the fallout following a company restructure that implicates Microsoft. Coincidentally, his contract was poised to conclude come June 30.
Dixton became a part of the video game mogul’s teams in June 2021, six months before the revelation of plans to be taken over by Microsoft. The impressive $69 billion deal was finally brought to completion in October.
Further details about the agreement can be gleaned from the detailed report.