Zynga shares are down more than 21 percent over the past six months, but that didn’t stop the company’s board from approving CEO Don Mattrick’s $57,814,391 pay package this year.
The company held its annual shareholders meeting Wednesday at its San Francisco headquarters, and a spokesperson said all motions were approved and board of directors were re-elected. She said there were several questions from shareholders but would not disclose any details.
Zynga’s Mattrick is the second-highest paid CEO of all the companies in the Bay Area—after Oracle’s Larry Ellison—but Zynga is far from being one of the top performing stocks in the region.
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This article originally appeared on Recode.net.
