Activision Blizzard’s long-serving CEO Bobby Kotick will step down this year, following Microsoft’s acquisition of the Call of Duty publisher.
Almost two years since the deal was announced, on Friday Microsoft finally closed its $68.7 billion merger with Activision Blizzard.
Kotick will report to Microsoft’s head of gaming, Phil Spencer, until his departure.
“I have long said that I am fully committed to helping with the transition,” Kotick said in an email to Activision Blizzard employees today.
“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 was CEO of Activision from February 1991 until July 2008, when he became CEO of Activision Blizzard in connection with the merger of Activision and Vivendi Games.
More to follow…
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