Activision Blizzard boss Bobby Kotick to step down next week
nme.comActivision Blizzard CEO Bobby Kotick is to leave his role next week.Kotick became CEO of Activision in 1991 after purchasing a 25 per cent share in the near-bankrupt company the previous year.
Over the next 32 years, he headed up the company as it grew to become one of the biggest and most influential pillars in the world of video games, acquiring a number of other studios on the way.However, it was claimed Kotick knew about cases of sexual misconduct happening within the company and kept it secret, even after state regulators started investigating the company in 2018.
Following the report, The Activision Blizzard board of directors said it remained “confident in Bobby Kotick’s leadership.”In 2021, a group of Activision Blizzard shareholders called for Kotick to quit but he was still re-elected to the board the following year.Now though, Kotick has confirmed he will stand down as CEO of Activision Blizzard on December 29 2023, following the acquisition of the company by Microsoft.
In an email shared with staff and posted on Activision Blizzard’s website, Kotick wrote: “As my last day leading this company inches closer, I marvel at how far the talented people at our company have come toward realising the great potential of games.
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