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Activision Blizzard Says Microsoft And Bobby Kotick Have Not Discussed His Post-Acquisition Employment

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Activision Blizzard has acknowledged in a brand new courtroom submitting that its CEO, Bobby Kotick, and Microsoft haven’t mentioned what his potential employment standing might be following the completion of Microsoft’s acquisition of the corporate. 

This information comes by the use of Axios’ Stephen Totilo on Twitter, who famous over the weekend that on Friday, April 15, Activision Blizzard added a line to its predominant submitting about its deliberate sale to Microsoft.

Right here’s what the brand new line is, in full

“No discussions or negotiations relating to post-closing employment preparations with Microsoft occurred between Microsoft and Mr. Kotick previous to the approval and execution of the merger settlement and the transactions contemplated thereby, or have occurred subsequent to such approval and execution, by way of the date hereof.” 

As you may see, it’s fairly clear in that means: Kotick and Microsoft haven’t mentioned plans for Kotick and his function, if any, at the corporate following Microsoft’s buy of Activsion Blizzard.

This submitting replace comes amidst ongoing requires Kotick to resign in gentle of all the things that’s been occurring on the publisher-studio firm over the previous yr. That features months of lawsuit filings that element harassment, discrimination, and extra at Activision Blizzard. Kotick reportedly knew of the writer’s historical past of sexual misconduct, too, and mentioned he would take into account resigning if the corporate’s office points aren’t fastened quickly (though, Activision Blizzard walkouts demanding his resignation have already occurred). 

In gentle of all that, many have speculated that Kotick would obtain what’s often known as a “golden parachute” upon the closing of the acquisition. This parachute would appear him step down from his place as Activision Blizzard CEO with a hefty sum of money in his pocket to take action after the merger . Solely time will inform if that occurs, however in line with this new courtroom submitting, discussions of such a golden parachute or much more plainly, Kotick’s employment standing after the acquisition, haven’t occurred. 

[Source: Axios’s Stephen Totilo on Twitter]


Wesley LeBlanc is an Affiliate Editor for Recreation Informer. You possibly can comply with him on Twitter @LeBlancWes. Be at liberty to DM him there or e mail him at wesleyleblanc@gameinformer.com for information ideas, potential tales, and extra.





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