The purchase of Activision Blizzard by Microsoft came at the most complicated time for the Call of Duty company due to allegations of violence and workplace harassment. Throughout this time, the gaming's public enemy has been Bobby Kotick, the controversial CEO, and now that the merger is close to completion, some wonder if he will remain in charge and until when he might step down.
Bobby Kotick could continue as CEO of Activision Blizzard until 2024
During an interview on CNBC's Squawk on the Street program (via Game Pass Tracker on Twitter), it was revealed that Bobby Kotick has a contract as CEO of Activision Blizzard until April 2024, as he has been re-elected on previous occasions by the company's Board to continue leading. Likewise, the controversial executive stated that he will remain as the head of Activision for as long as Microsoft wants him to, as his commitment is to ensure that the merger is successful: "I committed to Microsoft for as long as they need me to assist with the integration."
BREAKING:
— VGT Gaming News (@VGTGamingNews) July 19, 2023
In an interview earlier today, it was confirmed that Bobby Kotick is only under contract with Activision-Blizzard until April 2024
"I've committed to Microsoft for as long or as little as they need me to help with the integration."
Source:https://t.co/dbnrokjzSV pic.twitter.com/ZhLQC9eItO
Taking the above into account, it is possible that Kotick will remain as CEO of Activision Blizzard until April 2024, as after the final approval of the merger with Microsoft, there will be a transition process, and it is expected that the executive will be part of it to ensure a smooth handover, so the likelihood of him leaving the company immediately by order of the new owners is low.
While the largest merger in gaming history is on stable ground, it was confirmed today that Microsoft and Activision agreed to extend the deadline for the purchase agreement[/url] until October 18, as the goal is to resolve the blockage imposed by the Competition and Markets Authority of the United Kingdom (CMA) and deal with any controversies that the Federal Trade Commission of the United States (FTC) may present in the coming weeks and months.
Stay tuned here, at LEVEL UP.
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