Company Gaming

Activision Blizzard’s Bobby KotickI Am Deeply Aware of the Issues We Face

Activision Blizzard’s CEO, Bobby Kotick, has always been outspoken, and most recently, he has addressed the issues that the company faces. In a press release on October 5th, Kotick wrote: “I am deeply aware of the issues we face.” He goes on to say, “As difficult as this is for me to say after more than 35 years with our company, I believe that we must make changes to address these challenges.” Read more here

Kotick outlined the following changes in his letter: “We are making significant structural changes to ensure our cost structure, and management styles match market realities. We have critically evaluated all aspects of our business, including technology, talent development, health care costs and support operations.” Kotick emphasised that these upcoming actions will be difficult but necessary for moving forward. There’s a lot of controversy surrounding the company at the moment, and we want to place the focus directly on how they are moving to resolve these issues positively.

Activision Blizzard Inc. has announced that CEO Bobby Kotick will immediately step down from his role as director of Activision Publishing. The company also said it is restructuring its senior leadership team, focusing on increased collaboration and integration between teams at the Santa Monica-based games division and corporate headquarters in California’s Silicon Valley. As part of this realignment, several current members of management have been offered new positions and promotions within SVPs Scott Givens (head of platform operations), Dave Stohl (head of studios) and David Nix (chief support officer). In addition, Nick Dyer–who had served as head of global publishing for King Digital Entertainment before Activision acquired the company last year, will rejoin Activision Blizzard as a chief revenue officer.

The company is also making several other changes to the executive leadership team. Chief Financial Officer Spencer Neumann, who joined Activision Blizzard last year after holding senior roles at Disney and Netflix, will become COO on January 30th. While taking on this new role, he’ll continue to report directly to CEO Bobby Kotick until his planned move from Santa Monica into corporate headquarters in California’s Silicon Valley later next month.

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