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Bobby Kotick will remain as Activision Blizzard CEO after Microsoft acquisition (Maybe only until deal closes?)
- Thread starter Sacul64
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Yeah, I don't think it'll take that long. When they bought Bethesda, they announced the plans on September 21, 2020, and the acquisition was completed on May 9, 2021.
Granted, I know absolutely nothing about how this stuff works, so… I dunno.
I expect him to be gone eventually. Dude probably has to be bought out. Hes dug way too deep into the roots of the company to just yank him out. MS definately has the cash to get him a golden parachute the likes that would darken the skies.
Bobby Kotick will remain as Activision Blizzard CEO after Microsoft announcement | VGC
The Xbox company confirms that the controversial exec will keep his current role…www.videogameschronicle.com
Fuck this shit, Kick all the abusers out.
The acquisition isn't done yet, that will take close to an year.
Probably getting an insane amount of money then will likely leave after the deal is done. I bet they came to the conclusion it was gonna be too difficult to get the companies reputation back to what it was even then it wasn't all that great. Being absorbed into another company pretty much fixes that and MS will take action on company culture.
Nowhere in the article it states that Kotick leaves after the Acquisition is done.
Nowhere in the article it states that Kotick will remain after the acquisition is done.
The deal isn't done yet lol.
Let's boycott when the ink is dry and he is still there.
It'll cost $292 million to get rid of Kotick.
How the fuck can you be terminated for cause and get a 264,5 Million payout?
EDIT: Lol, I am an idiot and I can't read
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lmao exactly. until the ink is dry and everything is officially complete, you gotta do this stupid song and dance.
The fact that this is normal, is why corporations are shit. He should've been gone a long time ago. The normalcy of this deal doesn't make it any better.
The wording literally says Kotick is staying at least until the deal closes, there is no cause for terminating his contract early as long as Microsoft doesn't outright own them. Firing him outright will cost the company nearly $300 million, it's in their best interest to keep him aboard until he eventually gets pushed out with a much smaller severance package.
When Microsoft takes over ownership of Activision and the terms of Kotick's employment is set to change, he will likely be gone as part of the take over or be secured employment for a short transition period, he will not stay employed with the same benefits he has now.
Talk about boycotts when the deal actually closes and we have confirmation that Kotick will be part of the leadership team over at Microsoft, the deal has literally only been made public and may yet be rejected for various reasons.
When Microsoft takes over ownership of Activision and the terms of Kotick's employment is set to change, he will likely be gone as part of the take over or be secured employment for a short transition period, he will not stay employed with the same benefits he has now.
Talk about boycotts when the deal actually closes and we have confirmation that Kotick will be part of the leadership team over at Microsoft, the deal has literally only been made public and may yet be rejected for various reasons.
I understand why they can't do it right now, but they should be able of doing it once the deal is done.
People really think that a deal that will only conclude in one year gives immediate power for microsoft to fire whoever they want and paint the activision building green if they want
Phil seems to be a pretty good guy. I don't think Bobby will be around long after Phil takes control.
I hope the negative reaction to that part will make MS change their minds.
Which is nothing compared to the $70 billion acquisition. I think Bobby will be shelved or negotiated with to retire shortly after close. They'll give him a nice pile of MS stock to go away quietly. He just has way too much consolidated power to be treated otherwise.
It'll cost $292 million to get rid of Kotick.
This is a weird back n forth, lol.
About a thread title and topic taken from an actual article.
Yeah, this can be factored into the cost of purchase I imagine.
Crazy though.
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