Recent content by Myrdin Potter

SEC filings from 2022 when Cocks became CEO. Contracts for Section 16 officers are public. I don’t think William’s is, but I did not search every filing. She was a top 5 earner so she is in the proxy.

The CEO's contract says he can quit: "1.6 At the election of the Executive without Good Reason, upon not less than fifteen (15) days’ prior written notice of termination by the Executive." The company has to give the same notice if they want to fire him without cause. To expect something...

If a new job, then there will be an annoucement soon. If let go, will be a severance charge or something. Might have to wait a year for the next proxy. Otherewise, their business, not mine.

I noticed that the 2023 proxy just got filed. Unlike during the layoff time when people were looking at last year’s numbers and saying that stock grants are bonuses, the discussion on Cocks incentive pay clearly shows that he missed financial targets but scored very big on cost cutting and that...

Mostly due to it, that is hard to agree with. But Cocks himself lauded social media as a great marketing tool and they massively shot themselves in the foot with the proposed canceling of the OGL right before the movie came out which I think dampened the chance for lots of social media promotion...

I think some women had an issue with some images. Some men did as well. Generically claiming all women is pretty wide and not true. There are also plenty of men that find the chainmail bikinis between silly and and offensive. I honestly don’t think that there was immediate magic in portraying...

The original AD&D Player's Handbook has a preface by Mike Carr specifically identifying D&D as being more popular with women (in comparision to war gaming I think is being made here) and Gygax himself says there are all sorts of different types of players. I would say that general cultural...

Quite typical answers by someone with media training. Stuck to his talking points and did not overextend himself. Answers were clear - to the people outraged by the OGL screw-up, we have enough new customers, you do not matter and we fixed that already, but said nicely and with the positive spin...

I run a 1e game (Hyperborea) with 6 players. From that group (counting me), 3 started with 0e, 1 with 1e, 1 with 2e, 1 with 3.5 and one with 5e. Everyone in that group plays in an alternating 5e game (I play instead of DM in that one). I run another 5e game, again with 6 players. I know of...

They did let go of VP and Directors.

I am also an “expert” and I am more worried about the debt levels and cash flows than any pure EPS number. Especially as a lot of costs have been capitalized recently (VTT) and cash was used to buy D&D Beyond. The previous acquisitions and forays into entertainment pressured their results quite...

It is terrible, the way people get rewarded in a neutral third party arrangement with a negotiated contract, isn't it?

In the case of Chris Cocks, he led WoTC through many, many boom years and increased staffing during that time. His boss, the CEO of Hasbro then, was the one running the rest of the company. He died unexpectedly and Cocks was promoted to the over all CEO role. Unfortunately, it was the former CEO...

Not really, but if that is your position I doubt I could convince your otherwise. For anyone not locked it, most of that pay is contingent on their future performance and can easily be zero. I assume they greatly missed targets this year and next year's proxy will tell a different story. The...

He does not know how to read the proxy statement for compensation (like many posting here). So not worthwhile to complain about the executive pay if you don't even understand it. The 2 glaring errors are to not realize the backwards looking nature of the bonuses and to conflate one time stock...