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Activision Blizzard CEO Bobby Kotick to step down at the end of the year - TL;DR CNBC

Activision Blizzard CEO Bobby Kotick to step down at the end of the year

Publishing timestamp: 2023-12-20 14:35:18


Summary

Activision Blizzard CEO Bobby Kotick will step down from his role following Microsoft's acquisition of the company. The leadership change was expected, and Kotick had previously stated he would stay on as CEO until the end of 2023. Microsoft's acquisition of Activision Blizzard is the largest in its history and gives them a significant portfolio of video game franchises. Additional organizational changes will take place following the merger.


Sentiment: NEUTRAL

Tickers: MSFT, 

Keywords: microsoft corp,  internet,  media,  video games,  business news,  technology,  breaking news: technology,  enterprise,  ceo,  breaking news: business, 

Source: https://www.cnbc.com/2023/12/20/activision-blizzard-ceo-bobby-kotick-to-step-down.html


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