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.”
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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.