CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024

fry@fry.gs to Technology@lemmy.world – 65 points –
CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024
arstechnica.com
10

Please let the door hit you on the way out.

This is honestly the only good thing that's come out of the merger. Let's hope that Microsoft can actually fix the culture there.

Couldn't even suppress unions. Or course he's leaving.

The man is 60, nearly a billionaire, and just completed a massive merger.

Maybe the dude just wants to retire.

This is the best summary I could come up with:


It's "a massive change for the video game industry," Schreier writes, which seems almost restrained, given Kotick's longevity and recent history.

Kotick, who has led Activision for more than 30 years and orchestrated its merger with Blizzard, had considered stepping down in late 2021.

Activision was also sued by its shareholders and pressured by state treasurers over its secrecy and responses regarding the California lawsuit.

In early 2022, Microsoft announced its intent to buy Activision, and the timing, according to reports from Bloomberg and the Wall Street Journal, was not a coincidence.

Kotick told VentureBeat after the Microsoft announcement that he didn't believe the harassment and mismanagement accusations hurt the company's stock.

He cited delays in shipping Overwatch and Diablo titles, along with Call of Duty's sales performance.


The original article contains 376 words, the summary contains 128 words. Saved 66%. I'm a bot and I'm open source!

Couldn't even suppress unions. Or course he's leaving.