Controversial Activision Blizzard CEO Bobby Kotick is to leave his role next week.

Kotick became CEO of Activision in 1991 after purchasing a 25 per cent share in the near-bankrupt company the previous year. Over the next 32 years, he headed up the company as it grew to become one of the biggest and most influential pillars in the world of video games, acquiring a number of other studios on the way.

However, it was claimed Kotick knew about cases of sexual misconduct happening within the company and kept it secret, even after state regulators started investigating the company in 2018. Following the report, The Activision Blizzard board of directors said it remained ā€œconfident in Bobby Kotickā€™s leadership.ā€

In 2021, a group of Activision Blizzard shareholders called for Kotick to quit but he was still re-elected to the board the following year.

Now though, Kotick has confirmed he will stand down as CEO of Activision Blizzard on December 29 2023, following the acquisition of the company by Microsoft.Ā 

Bobby Kotick, President and CEO, Activision Blizzard in 2014 CREDIT: Javier Rojas
Bobby Kotick, President and CEO, Activision Blizzard in 2014 CREDIT: Javier Rojas

In an email shared with staff and posted on Activision Blizzardā€™s website, Kotick wrote: ā€œAs my last day leading this company inches closer, I marvel at how far the talented people at our company have come toward realising the great potential of games. You have transformed a hobbyist form of entertainment into the worldā€™s most engaging medium. It has been the privilege of my lifetime to work alongside you as we broadened the appeal of games.ā€

ā€œWe are now part of the worldā€™s most admired company. That isnā€™t an accident,ā€ he continued, before praising Xbox boss Phil Spencer. ā€œAs we move into our next exciting chapter, you could not be in better hands.ā€

Itā€™s also been reported (via Eurogamer) that Microsoftā€™s Jill Braff will now head up ZeniMax/Bethesda studios, while a majority of other Activision Blizzard executives will report to Xboxā€™s Matt Booty.

Phil Spencer of Microsoft
Phil Spencer of Microsoft. CREDIT: Getty / Christian Petersen

Earlier this week, Activision Blizzard settled a lengthy sexual harassment lawsuit with The California Civil Rights Department for $54million (Ā£42million), with both parties signing a document that said ā€œthere was no widespread harassment or recurring pattern or practice of gender harassmentā€ at the company. However, ActivisionĀ  agreed to hire an outside consultant to look into compensation, promotion policies and training materials with $47million (Ā£37million) set aside to pay female employees or contract workers at the company who allegedly received inequitable pay.

Last March, Blizzard paid $18million (Ā£14million) to settle a sexual harassment lawsuit with the Equal Employment Opportunity Commission and in February, the company paid a $35million (Ā£27.6million) fine after Activision broke whistleblower protections and failed to disclose information to investors.

In other news, World Of WarcraftĀ has shared a roadmap for 2024, including a launch window for theĀ War Within expansion and news of a 20th anniversary event.

The post Activision Blizzard boss Bobby Kotick to step down next week appeared first on NME.

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