{"id":12535,"date":"2022-06-24T11:56:59","date_gmt":"2022-06-24T10:56:59","guid":{"rendered":"https:\/\/www.xtremeservers.com\/blog\/ubisofts-chief-exec-takes-sizeable-pay-cut-after-companys-poor-performance\/"},"modified":"2022-06-24T11:56:59","modified_gmt":"2022-06-24T10:56:59","slug":"ubisofts-chief-exec-takes-sizeable-pay-cut-after-companys-poor-performance","status":"publish","type":"post","link":"https:\/\/www.xtremeservers.com\/blog\/ubisofts-chief-exec-takes-sizeable-pay-cut-after-companys-poor-performance\/","title":{"rendered":"Ubisoft\u2019s Chief Exec takes sizeable pay cut after company\u2019s poor performance"},"content":{"rendered":"<div>\n<p>Ubisoft has seen a fair amount of <a href=\"https:\/\/www.eurogamer.net\/a-better-ubisoft-gives-update-on-work-environment-200-days-after-open-letter-demanded-change\">bad press<\/a> and <a href=\"https:\/\/www.eurogamer.net\/ubisofts-troubled-price-of-persia-sands-of-time-remake-has-switched-developer\">overall poor performance<\/a> of late, a result of which has seen its chief executive taking a voluntary pay cut. <\/p>\n<p>A recent company <a href=\"https:\/\/downloads.ctfassets.net\/8aefmxkxpxwl\/44Uv9g0KnmBI5KlAghiJh\/cdb36cc23a9930832acd8ecbb4dcbe61\/UBISOFT_DEU_21-22_MEL_INTERACTIF_UK_160622.pdf?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosgaming&amp;stream=top\">filing<\/a> revealed Yves Guillemot chose to forgo about a third of his annual compensation (via <a href=\"https:\/\/www.axios.com\/2022\/06\/23\/ubisoft-ceo-pay-cut-yves-guillemot\">Axios<\/a>), equating to a pay cut of \u20ac310k (approximately \u00a3266k \/ $327k). <\/p>\n<p>An Ubisoft spokesperson told Axios this was a &#8220;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&#8221;. <\/p>\n<p><a href=\"https:\/\/www.eurogamer.net\/ubisofts-chief-exec-takes-sizeable-pay-cut-after-companys-poor-performance\">Read more<\/a><\/p>\n<\/div>\n<p>Source &#8211; eurogamer.net<\/p>\n<p>All content and images belong to their respected owners. This article is aggregated for informational purposes only with full credit to the source.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20ac310k<\/p>\n","protected":false},"author":3,"featured_media":12536,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3212,171,915],"class_list":["post-12535","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pc","tag-fair","tag-seen","tag-ubisoft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ubisoft\u2019s Chief Exec takes sizeable pay cut after company\u2019s poor performance | Xtreme Servers<\/title>\n<meta name=\"description\" content=\"View Ubisoft\u2019s Chief Exec takes sizeable pay cut after company\u2019s poor performance for free, here on XtremeServers. Discover more great articles on our site. 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