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CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024 | Schreier: Kotick will depart after 33 years, employees are "very excited." (arstechnica.com)

submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

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CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024 | Schreier: Kotick will depart after 33 years, employees are "very excited."::Schreier: Kotick will depart after 33 years, employees are "very excited."

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[–] PeleSpirit@lemmy.world 42 points 11 months ago (1 children)

While CEO of Activision, Kotick's termination without cause, or "Termination by employee for good reason following a change of control," guaranteed him nearly $300 million. Bloomberg reports that Kotick's windfall will likely be $375 million now that Microsoft's acquisition has gone through.

[–] fluxion@lemmy.world 27 points 11 months ago

That'll teach 'em