CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024 | Schreier: Kotick will depart after 33 years, employees are “very excited.”::Schreier: Kotick will depart after 33 years, employees are “very excited.”
CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024 | Schreier: Kotick will depart after 33 years, employees are “very excited.”::Schreier: Kotick will depart after 33 years, employees are “very excited.”
Nice to see Microsoft is cleaning house one day after the aquisition went through, starting with the root of the problem. This is very likely part of the deal and is gonna bring about some long needed changes.
This is standard. You always get rid of the upper management. You give them a lot of money and a round of applause and then you put your own people in. Everyone at the top will be Microsoft.
Kotick gave himself a few hundred million as a bonus a few years ago.
This was likely the plan before the acquisition. I doubt this came as a surprise to Kotick.