Why is Bobby Kotick leaving Activision Blizzard Company?

Here we are going to provide details about CEO Bobby Kotick as the public searches about him on the internet. The public is surfing the internet to get more information about the CEO Bobby Kotick and not only that, we are also going to provide details about the recent news about him as it has been a hot topic on the internet. So, for our readers, we have provided information about CEO Bobby Kotick in this article. Not only that, we are also going to provide details about the ongoing viral news of him as the public searches for it on the internet. So, keep reading the article to know more.

Bobby Kotick leaves Activision Blizzard

Since 1991, Kotick has been CEO of the company and has been involved in numerous scandals. Bobby Kotick, CEO and founder of Activision Blizzard, will formally leave the company as a result of Microsoft’s purchase of the massive Call of Duty franchise, as was first rumored more than two years ago. Microsoft Gaming CEO Phil Spencer reportedly asked Kotick to stay on temporarily after the transaction was consummated in October. Now, as many had anticipated, Kotick is formally leaving Microsoft. “Phil appreciates our skills and shares our values. He has great enthusiasm for our games and the developers behind them. In a note to staff, Kotick stated: “he has a bold ambition.”

Bobby Kotick leaves Activision Blizzard

Activision Blizzard will reportedly give Kotick a whopping $400 million in compensation when the CEO leaves the company. The Verge reports that Kotick will formally retire on December 29. Although he may not be replaced directly, Microsoft has reorganized under Xbox executive Matt Booty, placing vice president Thomas Tippl, president of Activision Blizzard, and president Rob Kostich of Activision Publishing under the president of Blizzard. Mike Ybaara. Blizzard vice president and king Humam Sakhnini will leave at the end of December, and Activision Blizzard communications chief Lulu Meservey will leave on January 31. No names were given, but The Verge revealed that “many other” Activision Blizzard leaders will be leaving in March. .

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In 1991, Kotick was named CEO of Activision and has remained the company’s top executive ever since. He has been a part of several controversies. Activision Blizzard recently revealed that it reached a settlement with the state of California, agreeing to pay the state $54 million plus an additional $47 million to female employees who were employed by the company between 2015 and 2020. Activision Blizzard was a defendant in the 2021 lawsuit. of fostering a “frat boy” work culture that was rife with sexual harassment.

Categories: Biography
Source: vtt.edu.vn

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