Bobby Kotick will remain as the CEO of Activision Blizzard following its acquisition by Microsoft.
A statement by the Xbox company confirmed that Kotick will not leave his role as a result of the newly announced buyout.
“Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth,” the statement reads.
“Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.”
In a separate statement, Kotick said: “For more than 30 years our incredibly talented teams have created some of the most successful games.
“The combination of Activision Blizzard’s world-class talent and extraordinary franchises with Microsoft’s technology, distribution, access to talent, ambitious vision and shared commitment to gaming and inclusion will help ensure our continued success in an increasingly competitive industry.”
Xbox boss Phil Spencer sent an email to employees in November confirming that he was “evaluating” Xbox’s relationship with Activision Blizzard following the company’s response to allegations about its CEO Bobby Kotick.
In an email sent to Xbox staff and seen by Bloomberg, Spencer stated that he and the leadership team were “disturbed and deeply troubled by the horrific events and actions” at Activision Blizzard.
Spencer stated in his email that “this type of behaviour has no place in our industry”, and that he was “evaluating all aspects of [Xbox’s] relationship with Activision Blizzard and making ongoing proactive adjustments”.
Last week, however, Spencer stated that he doesn’t believe it’s his job to “punish other companies” like Activision Blizzard
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