Why Is Bobby Kotick Leaving? Activision Blizzard’S New Chapter Begins

Bobby Kotick, Activision Blizzard’s CEO for 32 years, is stepping down on December 29th. This is part of a reorganization following Microsoft’s acquisition of the company.

This change comes after a tumultuous period for Activision Blizzard. The company faced significant scrutiny due to allegations of sexual harassment and discrimination, leading to lawsuits and investigations. While Kotick initially resisted calls to resign, he eventually decided to step down following the Microsoft acquisition. The acquisition agreement included a provision for Kotick to leave the company after the deal closed.

It’s important to note that Kotick’s departure is not solely due to the controversies. Microsoft, as the new owner, is likely to implement its own leadership structure and vision for the company. The acquisition also marks a new chapter for Activision Blizzard, with Microsoft aiming to integrate the gaming giant into its Xbox ecosystem. Kotick’s departure allows for a fresh start, and it’s anticipated that Microsoft will appoint a new CEO to lead the company into the future.