New details have emerged on just how well EA are going to pay their new recruit - former Xbox head Peter Moore. EA are paying him an annual salary of $550,000, in addition to help with re-location expenses of up to $330,000 and who could forget the $1.5 MILLION signing on bonus he is to receive!

And finally, EA also intends to assist Moore with relocation-related expenses, estimated at about $330,000. However, if Moore "voluntarily leaves his employment with EA or is terminated for any reason other than a reduction in force that eliminates his job position (a) prior to the one-year anniversary of his date of hire, he has agreed to pay EA an amount equal to all relocation and gross-up expenses incurred by EA through the date of his termination; or (b) on or after the one-year anniversary of his date of hire and prior to the second anniversary of his date of hire, he has agreed to pay EA an amount equal to a pro-rata portion (24 minus number of full months of employment / 24 months) of all relocation and gross-up expenses incurred by EA through his date of termination."

So all told, the upfront cost for EA to bring on Peter Moore will be nearly $2.4 million. We're not sure how much he was paid while at Microsoft, but EA certainly went above and beyond, New York Yankees style if you will.
News Source: Gamedaily.com

Related Posts by Categories



Share this post with:
  • Digg This
  • Add To Del.icio.us
  • Add To Furl
  • Add To Reddit
  • Fav This With Technorati
  • Add To Yahoo MyWeb
  • Add To Newsvine
  • Add To Google Bookmarks
  • Add To Bloglines
  • Add To Ask
  • Add To Windows Live
  • Add To Slashdot
  • Stumble This


This Post has No Comment Add your own!

Post a Comment