John Schappert Rejoins EA

| | Comments (0)
Electronic ArtsElectronic Arts has rehired John Schappert as the company's Chief Operating Officer, responsible for worldwide publishing among other divisions. Schappert founded Tiburon Entertainment in 1994 (where many of EA's sports games were developed), and left EA in 2007 to go work with Microsoft to work on Xbox Live, where he launched the "New Xbox Experience." Now, Schappert returns to the fold.
Schappert returns with a base salary of $600,000 and a "discretionary target bonus" of 75% of his salary. He also gets a one-time bonus of $1,000,000 for signing and stock options to purchase 500,000 shares of common stock, 75,000 shares of restricted stock and up to 125,000 shares of stock based on his performance.

Leave a comment

About this Entry

This page contains a single entry by Editor published on June 18, 2009 1:15 PM.

Xbox Live Marketplace Still Suffering From Problems was the previous entry.

Two More Downloadable Games Available Through the PlayStation Store is the next entry.

Find recent content on the main index or look in the archives to find all content.

 

Add to Technorati Favorites