Following completion of its deal to acquire Activision Blizzard (ATVI), Microsoft confirmed that Bobby Kotick, CEO of the “Call of Duty” publisher, will remain in his position until the end of 2023 to help with the transition, Kotaku’s Ethan Gach reports. “Bobby Kotick has agreed to remain in his role through the end of 2023, reporting directly to me, to ensure a smooth and seamless integration,” Microsoft Gaming CEO Phil Spencer told staff in an October 13 email. “We look forward to working together as a unified team and we will share more updates on our new organizational structure in the coming months.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ATVI:
- Activision Blizzard says completed transaction with Microsoft
- Microsoft (NASDAQ:MSFT)-Activision Deal’s Regulatory Nightmare Comes to an End
- Microsoft’s revised deal to buy Activision approved by U.K.’s CMA
- Activision Blizzard trading halted, news pending
- Game On: Wedbush’s Pachter says Cohen as GameStop CEO ‘not a surprise’