Take-Two Interactive executive compensation FY 2018-2022

Compensation of Take-Two Interactive's leading executive officers from fiscal year 2018 to 2022

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Release date

July 2023


United States

Survey time period

FY 2018 to 2022

Special properties

includes salary, stock awards, non-equity incentive plan compensation, and other compensation

Supplementary notes

*"Take-Two has had a long-standing management relationship with Zelnick Media, under which Zelnick Media provides executive management and other services to Take-Two. This relationship was first established in 2007 and has been maintained, with several amendments and restatements, since that time. Our Executive Chairman and CEO, Strauss Zelnick, and our President, Karl Slatoff, serve in their current roles pursuant to the 2017 Management Agreement with Zelnick Media. Mr. Zelnick has been our Executive Chairman since2008 and our CEO since 2011. Mr. Slatoff has been our President since May 2013 and previously served in other executive roles at the Company. On November 17, 2017, the Company and Zelnick Media entered into the 2017 Management Agreement, effective January 1, 2018, which superseded the prior 2014 Management Agreement. Like the 2014 Management Agreement, the 2017 Management Agreement emphasizes performance-based, at-risk compensation and equity with greater than one-year vesting, to ensure it is closely aligned with the compensation of other Take-Two executives, the performance of the Company and the interests of our shareholders. Fees and incentives paid to Zelnick Media during fiscal 2020 are detailed below under “Fiscal 2020 Fees and Incentives to Zelnick Media.”

"Mr. Zelnick’s annual total compensation, as reported in the “Summary Compensation Table” included in this proxy statement, was $87,761. The total compensation paid to ZelnickMedia in fiscal 2020, as set forth in the “Compensation Discussion and Analysis-Detailed Discussion and Analysis-Compensation to Executive Chairman and CEO and President-Fiscal 2020 Fees and Incentives to ZelnickMedia” section of this Proxy Statement on page 32, was $30,040,000, and the maximum portion that Mr. Zelnick could have received was $18,024,000. When combined with the compensation received by Mr. Zelnick from the Company as reported in the“Summary Compensation Table” included in this proxy statement, the total maximum amount of compensation Mr. Zelnick was eligible to receive was $18,111,761."

A publicly-traded company is only required to disclose information concerning the amount and type of compensation paid to its CEO, CFO, and the three other most highly compensated executive officers in a given year. Information about compensation for these individuals may be unavailable in prior years if they were not in their current roles or did not qualify as among the most highly compensated officers at the time.

Take-Two Interactive's fiscal year ends March 31.

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