The first information from The Wall Street Journal suggested that the acquisition would lead to the removal of the CEO.
2022 began with one of the biggest bombings in the history of this industry: Microsoft buys Activision Blizzard, and that has left us with an ocean of theories, doubts and possible changes to consider. Many of the user questions revolved around Bobby KotickCEO of Activision and one of the figures familiar with the toxic environment in offices: after completing the transaction, what would happen to him?
There were no discussions or negotiations regarding subsequent employment agreements between Microsoft and Mr. Kotick.ActivisionBlizzardThe first information of The Wall Street Journal They pointed out that the acquisition would lead to Kotick’s retirement, since firing him would be too expensive. However, new data ensures that Microsoft and Activision they haven’t talked about the fate of the CEO after the transaction is completed, as seen in some recently added lines in a report reflecting the agreement with Microsoft.
Initially designated by Stephen Totilowell-known journalist AxiosActivision appears to have included a clarification in the aforementioned document: “There were no discussions or negotiations with respect to post-closing employment agreements with Microsoft between Microsoft and Mr. Kotick prior to the approval and execution of the merger agreement, and the transactions contemplated therein, or which have occurred after such approval and execution, until the date of the present”.
Thus, it appears that Bobby Kotick’s fate at Activision Blizzard remains uncertain. Before the purchase announcement, many employees demanded the resignation of the CEO after learning of his disastrous handling of sexual harassment complaints in the company, although for the moment he has only left the board of directors of Coca-Cola. In addition, the CEO’s environment is also being investigated, since his friends have carried out a suspicious economic operation related to Activision Blizzard.
More about: Activision Blizzard, Microsoft, Bobby Kotick and Studio Purchase.
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