Microsoft’s $68.7 billion merger with Activision Blizzard, CEO Bobby Kotick has announced his decision to step down from his role later this year. Kotick has been with Activision since February 1991 and played a crucial part in its growth and merger with Vivendi Games in 2008. Until his official departure, Kotick will report to Phil Spencer, Microsoft’s head of gaming.
Bobby Kotick confirmed his upcoming exit in an email to Activision Blizzard employees, stating his commitment to aid in the transition of the newly merged companies. According to Kotick, “Phil has asked me to stay on as CEO of ABK, reporting to him, and we have agreed that I will do that through the end of 2023. We both look forward to working together on a smooth integration for our teams and players.”
Kotick’s leadership began in 1991 at Activision and held the position until 2008. Then, he became the CEO of Activision Blizzard following the merger with Vivendi Games. The company has seen considerable growth under his guidance, including the rise of franchises like Call of Duty.
The merger between Microsoft and Activision Blizzard was quite a big deal in the tech and gaming industries. It was formally announced almost two years ago and finally closed last Friday, with a price tag of $68.7 billion. The acquisition includes popular gaming titles like Call of Duty and World of Warcraft, now falling under Microsoft’s gaming division.
The primary focus now is to ensure a seamless integration between Microsoft and Activision Blizzard. Both Kotick and Spencer are dedicated to making this a smooth process for all involved, including the teams working behind the scenes and the gaming community.