Activision Holders Affirm Pay Plan After Controversial Delay
- Compensation included paying CEO $154.6 million last year
- In prolonging vote, company cited ‘misleading’ information
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Activision Blizzard Inc. shareholders approved the video-game giant’s executive pay proposal, handing the company a victory after it delayed the vote to give investors more time to consider it.
Fifty-four percent of shareholders backed the measure, the company said on Monday. Activision’s board members also were re-elected, by an average of 96%.