The network drew attention to the Electronic Arts report that the company prepared separately for the US Securities and Exchange Commission. The document lists “potential payments and benefits” that management would receive in connection with a $55 billion buyback of its own stock and EA becoming a private company.
The amount turned out to be substantial. Naturally, Andrew Wilson, CEO of Electronic Arts, who will retain his position after the deal is completed, will receive the most. A capital of more than 105.9 million USD has been prepared for him. If fired, more than $12.4 million in cash would be added to the payout. Huge amount of money, which could be used to create a couple of games on the level of Warhammer 40,000: Space Marine 2 and Clair Obscur: Expedition 33.
The remaining four managers will receive much more modest (but still not small) amounts. For example, the planned payout to entertainment and technology president Laura Mealy will exceed $44.4 million. Chief Financial Officer Stuart Canfield was awarded nearly $33.5 million, while Chief Legal Officer Jacob Schatz and Chief Human Resources Officer Mala Singh are each expected to receive just over $24.6 million.
Funds will be transferred to the manager once the transaction is completed and the EA leaves the exchange. This will happen if approved by all regulators in the first quarter of FY27.
