Davis Polk ESG co-head Betty Huber was recently quoted in Financial Times discussing Activision’s delayed chief executive pay vote. Though the pay vote is nonbinding, Huber noted Activision appeared to be urging investors to focus on the pay changes the company made and its strong stock performance. She also explained that due to the company’s extraordinary stock performance, the equity awards appear high.

Activision faces showdown on $155m CEO pay after dodging vote,” Financial Times (June 20, 2021) (subscription required)