What you need to know
- Two months after Microsoft successfully completed its $69b acquisition of Activision Blizzard King, CEO Bobby Kotick is stepping down from ABK on December 29, 2023.
- A new internal memo from Microsoft Gaming CEO Phil Spencer reveals that moving forward, top Activision Blizzard King executives will report to Microsoft Gaming president of Game Content and Studios Matt Booty.
- Other chief ABK officers will answer to Microsoft Gaming executives to "continue to help us with the transition through March 2024," at which point they will presumably depart the firm as well.
- Humam Sakhnini (Blizzard and King vice chair) and Lulu Meservey (ABK corporate affairs VP, CCO) are also leaving at the end of December and January, respectively, with the latter helping ABK Communications move to new leadership under Xbox's communications lead Kari Perez.
