EA Executives Earn $60 Million in FY2024 Amid Workforce Reductions
CEO Andrew Wilson's compensation rose to $25.6 million as the company reported significant layoffs and studio closures.
- Electronic Arts reported $7.56 billion in revenue for FY2024, a 2% increase from the previous year.
- CEO Andrew Wilson received a 22% pay raise, bringing his total compensation to $25.6 million.
- EA laid off 5% of its workforce, approximately 670 employees, and closed down Ridgeline Games.
- The company's executives collectively earned over $60 million during the fiscal year.
- Stockholders are invited to approve an equity incentive plan to retain top talent in a competitive market.