Bobby Kotick Resigns as CEO of Activision Blizzard
Longtime CEO departs after company faces controversies
Kotick will step down at the end of the year
After 32 years at the helm of Activision Blizzard, CEO Bobby Kotick is stepping down. The news comes after Microsoft's successful acquisition of the video game company.
Kotick's departure has been the subject of much speculation in recent months, as Activision Blizzard has faced a series of controversies, including allegations of sexual harassment and discrimination.
In a statement, Kotick said that he is "proud of what we have accomplished together over the past 32 years." He added that he believes "that the company is well-positioned for continued success in the years to come."
Kotick's resignation is effective December 31, 2023. The company's board of directors has appointed Jenny Tu, the company's chief operating officer, as interim CEO.
The news of Kotick's departure has been met with mixed reactions. Some employees have expressed relief, while others have expressed concern about the future of the company.
It remains to be seen how Kotick's departure will affect Activision Blizzard in the long run. However, it is clear that the company is at a crossroads, and that the next CEO will have a significant impact on its future.
**Conclusion:** Bobby Kotick's resignation marks the end of an era for Activision Blizzard. The company has been through a lot in recent years, and it is now up to the next CEO to lead it into a new era of growth and success.
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