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By Staff
As the Microsoft-Activision deal closes, Bobby Kotick will only stay on as CEO through the end of the year and leave on January 1, 2024.
Placeholder for tweet 1712818483442987422 Based on the value of his shares, Robert Kotick will leave with around $400 million and if Microsoft/Xbox wants to get rid of Kotick, he will also receive a minimum payout of $250 million.
Image courtesy of Dexterto.
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By Staff
According to WSJ, Bobby Kotick, former CEO of Activision Blizzard, has floated the idea of buying TikTok to potential partners.
Former Activision Blizzard CEO Bobby Kotick has reportedly shown interest in purchasing TikTok, as legislation in the U.S. threatens to ban or force the sale of the popular app over national security concerns.
Kotick is said to be seeking partners for the potential acquisition, discussing the opportunity with notable figures including OpenAI CEO Sam Altman. The move comes amid growing scrutiny over TikTok's data privacy practices and its ties to China, with U.S. lawmakers pushing for decisive action.
You can read the whole news piece over at WSJ.
Bobby Kotick left his position at Activision Blizzard in December 2023 after Microsoft finalized its purchase of the company. Post-acquisition, he reportedly received over $375 million, as detailed by Forbes.
Source: WSJ
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By Stan
With Johanna Faires recently taking on the role of the new President at Blizzard, let's delve into the history of Blizzard Presidents from 1991 up to the present.
Allen Adham served as President from 1991 to 1998. Mike Morhaime held the position of President and CEO from 1998 to 2018. J. Allen Brack assumed the role of President between 2018 and 2021. In 2021, Jen O'neal was named Co-Leader of Blizzard alongside Mike Ybarra. However, she chose to leave the company after just three months. Following her departure, Mike Ybarra took over as President until a few weeks ago when he also announced his departure from the company on January 25, 2024. Johanna Faires was appointed as Blizzard's President on January 29, 2024.
We've come across a Reddit post where someone alleges to have worked at Blizzard during Mike Morhaime's tenure as President, continuing through Ybarra's leadership. We can't vouch for the accuracy of their statement, but here's what they had to share with the community.
Source: Reddit
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