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Bonnell received $4.75 million to exit Atari

According to Atari Inc's annual 10-K report filed with the SEC yesterday, former CEO Bruno Bonnell received EUR 3 million (USD 4.75 million) to resign his duties as director and CEO of Infogrames Entertainment SA.

The agreement - reached on April 4 of 2007 - was apparently done without the knowledge of Atari Inc, which stated that neither its board of directors nor any member of its management was consulted about the deal. The company did not receive a copy until two months after it was signed.

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