EA CEO’s pay is up as EA worker median income drops
- Thread starter LakeOf9
- Start date
clarky
Gold Member
Why would you sack the CEO of company thats making bank and its shares are close to all time highs?He is certainly failing up. Amazing that he is still the CEO there. Should have been booted a long time ago.
Ironbunny
Member
As I said he has failed up.
March Climber
Member
They won't, not for years at this point. He was very fortunate to enter during the rise of MTX in gaming and helped guide their sports division to utilizing MTX to it's absolute maximum potential. Apex also helped for a time.
Nuance and middle grounds are slowly becoming a thing of the past. It's also why comedy doesn't work like it used to.
People see nothing wrong with instantly choosing a side once a news piece hits. It can be a bit...saddening.
clarky
Gold Member
Unsure what you mean by that. Clearly the company has done gangbusters since he got the job. He doesn't just spin around in his office chair all day I'm sure.
Can't all be luck. We might not like their output nor the fucking obscene amount of money he gets paid but he's clearly doing something right.
He bought Respawn for one didn't he? Seems like a steal compared to the shit MS have bought.
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March Climber
Member
That's why I said he helped guide their sports division to maximum profits. I am aware of his influence on profits, but I personally feel that it is odd of people here to complain about EA's dwindling output over the past decade yet cheer at this development.
I don't know if they are aware, or if they refuse to understand the correlation, or if they are bullishly trying to have their cake and eat it too.
Spukc
always chasing the next thrill
clarky
Gold Member
Yeah I get what you are saying. I'm not moaning about their output, just merely commenting that he seems to be doing a pretty good job at making the shareholders and himself a load of bank.
Ironbunny
Member
Well the stock as gone 9x from when he started the job. Pretty much below average of other comparable houses like Take Two or other different stocks. Looks more like common tech stock going up by time. So yes he has kept EA alive but also killed many franchises that were a sure cash cow.
Lionel Richie
Member
And this is what we're here for, after all this is an Andrew Wilson and shareholders enthusiast forum.
clarky
Gold Member
I'm here to discuss games and the games industry. Never said I was fan.
Seems like your here to add absolutely fuck all to the discussion.
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March Climber
Member
And in saying this two things can be true. He is great for profits and shareholders, but bad for output and catalogue. If more and more future projects are cut, then one could theoretically claim he is resting on his laurels, which would pretty much be the sports games and their MTX.
Those alone are enough to fulfill a profit quota, while the rest of their I.P. catalogue is held hostage for decades.
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Trogdor1123
Gold Member
I have no issue with ceos making millions or even billions, if the rest of the org also shares in the benefits. Doesn't seem like it
BattleScar
Member
I like how we have the temporarily embarrassed millionaires justifying the hilarious compensation gap by saying "Well, he's made EA a lot of money and their stock value has gone up", on threads like this. But then when it comes to talking about games that EA makes, are absolutely happy to shit all over them.
How about this, give the employees more stock options at all levels, so they can share in the growth of the business they're contributing to. Because without them, the CEO can make all the decisions he wants, but ain't no work getting done, and ain't no money being made.
Side note: Just because things are worse for McDonald's employees or construction workers, doesn't mean this is okay.
How about this, give the employees more stock options at all levels, so they can share in the growth of the business they're contributing to. Because without them, the CEO can make all the decisions he wants, but ain't no work getting done, and ain't no money being made.
Side note: Just because things are worse for McDonald's employees or construction workers, doesn't mean this is okay.
clarky
Gold Member
Don't they publish stuff like Split fiction, It Takes Two, Dead Space and those Jedi games as well? Seems like ok output to me, although none are of particular interest to me personally.
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Felessan
Member
Why people like equality without merit so much, it was proven not to work well.
It has profit margin of 21% (above industry average) and stable profit of 1 bn per year.
You might not like it operational model, but EA is a successful company with stable results
In shambles?But EA is in shambles, and they have been for a very long time. I'm guessing those FUT cards are keeping him rich
It has profit margin of 21% (above industry average) and stable profit of 1 bn per year.
You might not like it operational model, but EA is a successful company with stable results
HeisenbergFX4
Member
Hmm a CEO making lots of money
Lionel Richie
Member
You're here to suck the virtual cock of an absolute parasite that's feeding off the industry because it makes equally petty cockroaches money.
I'm here to talk games.
clarky
Gold Member
Great, insults as well. Fuck off.
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March Climber
Member
Yes, but think about those few, paltry amount of titles compared to what they used to release. Their older catalogues (arguably up until mid-PS4) are what gave them their image of being one of the Big 3. They even used to be a trendsetter at one point.
On a side note, thankfully Joseph Farez was smart enough to not let them buy his studio and instead just utilize them as a publisher.
You're targeting the wrong guy. He is bringing up a valid point of discussion. Your sights should be set on posters from page 1.
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Lionel Richie
Member
"Andrew Wilson is doing a good job" is an irreconcilable thing to say. Sure he's making bank on the short term, but his (and his cohorts) strategy will eventually lead to a crash once investors are put off by the non exponential phantom growth of the industry. There's nothing to celebrate here unless one likes to play Shareholder Tycoon Autism LARP Simulator.
clarky
Gold Member
Im Struggling to think of something I'd like to see from them to be honest apart from Titanfall 3?
Maybe something original but with the cost of game dev in the west these days that's highly unlikely.
clarky
Gold Member
I'd hardly call 12 years short term. When exactly is this going to go tits up for him?
clarky
Gold Member
Looks nicer as well so that would be a bonus.
March Climber
Member
The funny thing is their back catalogue is huge and varied enough to not even need original I.P. and that's not even including EA Big and EA Originals.
It's worth looking up again when you get the chance. It's going to be a lot of 'wow, EA had this? And that too?" as you see the giant graveyard of I.P. they left behind. Even Dead Space has been buried 6ft under again.
Again, like I said above, two things can be true at once. He is making the company money to the detriment of many, including gamers.
Lionel Richie
Member
Soon. It's better to be lucky than good, but luck eventually runs out.
I have nothing against the Terminator, I'm sure he's a nice guy, probably one of the funniest guys you can find around Epstein Island. But you HAVE to admit EA has done a piss poor job at sustaining any IP that doesn't rely solely on licenses. This is a terrible recipe for business in an industry centered around IP recognition, short term gains notwithstanding.
Northeastmonk
Gold Member
getting millions of dollars just to reuse the same Madden assets every year. Must be hard work.
How does this not build resentment with EA's actual workforce?
How does this not build resentment with EA's actual workforce?
clarky
Gold Member
I agree with you, I never said that he's done a good job looking at it from the perspective of a gamer.
However he's consistently made EA and it's shareholders a hell of a lot of money that does not look like slowing down any time soon. FIFA (sorry EAFC) makes an absolute fortune, even after he gambled and told FIFA to fuck off.
Never said I liked the guy, seems like a bit of a twat, but I've never met him so what would I know.
Felessan
Member
He is.
He is like Kotick - he built successful business that can run for itself - not like Ubisoft that struggle with every release, not like MS Xbox that require constant injection of money, not like SE that struggle with every release. WB failed, Embracer failed, even T2 doesn't really look very good and fluctuate between black and red.
His EA, like Kotick's ATVI adapted to current times when SP games market are struggling and live services took a lot of ground. And made a gaming business that is profitable and stable. Haven't even abandoned SP completely, but put priorities so its cashflows are not at risk.
Someone clearly took it to heart, but it's how industry looks and works now.
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Lionel Richie
Member
Well, I don't really agree with you, but I do apologize for the hostility earlier. You're a based Candle Cove enjoyer so that was uncalled by me!
I just really hate the place the industry is in right now. Booming in creativity, but shit's looking dire for publicly traded companies once investors don't get immediate return for their money.
clarky
Gold Member
All good. Be a bit boring if we all agreed.
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Felessan
Member
It's not about immediate returns, it's about return at all.
Booming in creativity, but out of 10 indie/A games 9 will fail.
People here just want investors to throw away money "for the sake of creativity" even though it will be just burning money for nothing most of the time (they don't care).
People don't their own money and it's so easy to spend others money.
Gameplay Gods Bless
Member
Kek looking them up was hilarious, thanks
Lionel Richie
Member
Short term returns isn't much better than no returns, and while EA is obviously doing this for longer than "short term" would describe, I think the strategy is ultimately going to self cannibalize itself. They haven't done a good product in ages and they are making money off the margins (this is oversimplifying, but bear with me) because investors look at monetization growth and go "WOW I better get in on that action". But this whole thing is a house of cards because EA hasn't exactly churned out a good product in FOREVER.
If you want to succeed, you need to deliver good products and not just good results, or your results eventually won't be good at all. We're talking bankruptcy or selling off assets to suckers like Microsoft. And, again, if you're Wilson, you're fine with that. Done a job, got paid. But it doesn't mean that fans of the field he operates in should be pleased.
Felessan
Member
They are making EAFC. It's a good product for what it is - all competitors bailed out and even FIFA license for anyone to take - no contenders.
Their business is stable as football itself - so a very very long term.
And you and many others just jealous and salty that EA are making money on FC and ditch to sidelines SP games (same as Kotick did in ATVI). Not abandoned, but clearly not a priority.
But companies that did made SP games priority - they recently have problems, one after another. So it's probably not an "investor greed" or anything else, just clear denial of market shift.
What is the problem with EAFC? There is no better product on horizon, and how "good" product is always measured against alternatives and not some wild fantasies.
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Lionel Richie
Member
Really? I'm JELLY over all this success? Like I said, I don't think this strategy works out once investors stop seeing that exponential growth possibility. And you can't hate a brother for hustling so good for Wilson for making that money, but speaking purely as a gaming fan, I think his legacy is ultimately going to be a shit one. When Call of Duty is still somehow racking up the millions and Battlefield is dead along with EA's rotting corpse, we can talk about EAFC again.
Felessan
Member
What investors? You have ZERO idea how investment business operates, just some bullshit layman rumors from internet.
I am a gaming fan. I am not bothered with EA success. There are a lot of space for many companies. I played gaas since 98 so I'm completely fine if some companies find their place in them, unlike "waah, they abandoned so many sp franchises" crowd.
And Battlefield, really? EA has Respawn (Zampella) with it's Apex legends and those guys do know a thing or two about shooters.
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Lionel Richie
Member
LARP away friend, just remember to clean your face from that imaginary Vanguard and BlackRock moneyshot.
Orbital2060
Member
30 miilion dollars
Felessan
Member
It's far less imaginary than you think. I worked in investments for many years, earned a buck or two from it.
The fundamental basis of investments has nothing to do with exponential growth. It's just some stupid stuff invented by wanna-be internet crowd.
StueyDuck
Member
unable to parse the moment where i mention FUT cards keeping him going.
as in
to break it down simply for you
The business is obviously doing successful, but for all the wrong reasons, ie why to gamers EA is in shambles.
I do apologize for needing to explain the joke though, i thought it was fairly obvious.
Felessan
Member
Objectively it's wrong. Subjectively it's your opinion no one really care about.
Like you can honestly believe that companies should sell you 200mil$ game for 10$ a copy otherwise it's "in shambles". Okay, it's your opinion, but all it states that company doesn't cater to yours particular tastes/wishes. Who cares, based on actual performance there are enough of people who are ok with this approach and EA caters to them, having a healthy balance between own results and players satisfaction. You are not in this crowd and wanna football game? bad for you. There are seems no one who wants to cater to your specific tastes to put it into business.
It's always a tradeoff between company interests and players interests. If company too greedy - players will leave and results will drop. If company too generous - it will have no money, complicating it's future.
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UltimaKilo
Gold Member
That's the value of CEOs who are responsible with ensuring the company generates enough revenue to pay all the employees and secure investor's money.
Moreover, there are 14,500 employees at EA, or $344.83 per employee had his salary been distributed. Shortly after you'd risk losing the head of your company and potentially end up with a real incompetent at the helm.
Moreover, there are 14,500 employees at EA, or $344.83 per employee had his salary been distributed. Shortly after you'd risk losing the head of your company and potentially end up with a real incompetent at the helm.
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Felessan
Member
We actually discussed similar topic in gacha thread, about should game company be very good to customers or not.
There is Warframe which is generous to players and generally loved by them, and there is Mihoyo that's considered to be stingy. They have roughly the same playerbase.
Warframe is already 10 years old and it's dev still working on next game and Mihoyo put out game every 1-2 years those are diversified and include experimental stuff.
Warframe dev is poor, it has backing of Tencent but as with any publisher they will not get a blank check. So it takes them a while to make next game. Mihoyo on other hand has a lot of money for R&D, prototyping and can easily afford themselves to scrap prototype or two each costing tens of millions.
And for me as a gamer it's actually better to have a large library of different games, even though they are a bit stingy, than to wait decade for next generous one I can't even tell whether it'll be for my liking or not.
EA pretty much the same, it has it's (stingy) cash cow of EAFC but still funds other games, some of them quite good like It takes two/split fiction. Stark contrast to likes of WB where one or two failures could send you to the grave.
There is Warframe which is generous to players and generally loved by them, and there is Mihoyo that's considered to be stingy. They have roughly the same playerbase.
Warframe is already 10 years old and it's dev still working on next game and Mihoyo put out game every 1-2 years those are diversified and include experimental stuff.
Warframe dev is poor, it has backing of Tencent but as with any publisher they will not get a blank check. So it takes them a while to make next game. Mihoyo on other hand has a lot of money for R&D, prototyping and can easily afford themselves to scrap prototype or two each costing tens of millions.
And for me as a gamer it's actually better to have a large library of different games, even though they are a bit stingy, than to wait decade for next generous one I can't even tell whether it'll be for my liking or not.
EA pretty much the same, it has it's (stingy) cash cow of EAFC but still funds other games, some of them quite good like It takes two/split fiction. Stark contrast to likes of WB where one or two failures could send you to the grave.
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StueyDuck
Member
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