Video game-maker Activision Blizzard will report its quarterly earnings after the markets close today. The company is facing a lawsuit brought by the state of California, alleging sexual harassment and discrimination and an investigation by the SEC over how it handled complaints.
Last week the CEO said he’d ask the board to drastically cut his salary to $62,500 until the company shows progress meeting gender and diversity goals. It’s a pretty dramatic cut for a guy who made about $150 million last year. But, it fits into a growing trend of tying executive pay to diversity measures. READ MORE