Report Says Bobby Kotick Was Late to Meeting With Employees About Microsoft Acquisition and Left Early
It's been an eventful, chaotic time for Activision Blizzard. Mired in sexual harassment lawsuits, workplace controversies, delaying several high-profile projects (including the annual BlizzCon convention), and the stock price plummeting, the future of this industry giant had never felt so uncertain as it did in 2021. Something needed to change.
That change came in the form of Microsoft buying Activision Blizzard in January 2022 for nearly $69 billion, bringing yet another major video game company into the fold. With Microsoft publicly criticizing the way the leadership of Activision Blizzard has handled the situation in the last couple of months, as well as denouncing the actions that got them in their current predicament, it is plain that the new ownership has ambitious designs in mind to course-correct, and in order to do that, they must first address its CEO, Bobby Kotick.
RELATED: Bobby Kotick Claims Activision Blizzard Stock Drop Is Due To Delays Not Lawsuits
To put it simply, the future of Bobby Kotick as the head Activision Blizzard is likely coming to an end. Following a transitory period after Microsoft formally acquires the company, Bobby Kotick is expected to stand down as CEO and take on a smaller role before receiving a $375 million windfall. One anonymous employee told Washington Post that though the people working at Activision Blizzard were optimistic about the buyout by Microsoft, they remained wary of Kotick's behavior, who arrived several minutes late to a fireside meeting meant to reassure employees on the transition, before prematurely concluding it after just 16 minutes.
During the meeting, Bobby Kotick likened the company to be as important as his children, implying that if he were to relinquish
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