Site icon Gamers Word

Ubisoft chief exec takes sizeable pay cut after company’s poor performance

Ubisoft Bayek Assassins Creed

Ubisoft has seen a fair amount of bad press and overall poor performance of late, a result of which has seen its chief executive taking a voluntary pay cut.

A recent company filing revealed Yves Guillemot chose to forgo about a third of his annual compensation (via Axios), equating to a pay cut of €310k (approximately £266k / $327k).

An Ubisoft spokesperson told Axios this was a “personal decision by Yves Guillemot, which he took considering that the company had not reached the financial targets that it had publicly communicated to the markets”.

Read more

Original Article

Spread the love
Exit mobile version