How much will it cost to dismiss Bobby Kotick as CEO of Activision Blizzard?
After the purchase of Activision Blizzard by Microsoft , it was speculated that Bobby Kick could leave your charge as CEO of the company once the agreement between both parties It has officialized. At the moment these are only rumors, however, a new report states that the exit of the Executive is imminent and nothing will come out cheap to Microsoft Saying it.
According to information about The Wall Street Journal, Kick will no longer be the CEO of Activision Blizzard as soon as the agreement with Microsoft has come to an end in 2023. Fonts close to the Microsoft plans stated the following:
Bobby Kick, CEO of Activision, will be abandoning the position of him once the agreement comes to an end. Microsoft said that Mr. Kick 'will continue funding as CEO of Activision Blizzard', and once they close the deal, 'Activision Blizzard must report directly to Phil Spencer.' However, both companies already reached the agreement that Kick will go Once everything comes to an end.
On the other hand, Daniel Ahmad, analyst of Nike Partners, stated that the output of kick of Activision blizzard will cost you Microsoft a total of $400 million Dollars, so this decision, although it is adequate, nothing is going to come out cheap.
However, the real figure could be closer to $300 million, this due to different clauses established in the executive contract:
Whatever the real figure, Microsoft You will have to pay a very good amount to Kick to relieve it as a manager of Activision Blizzard.
Editor's Note : It was to be expected that Microsoft would not want to have someone like Kick at the position of CEO. Most likely, Xbox's own people will replace it eventually, and considering the situation that Activision Blizzard is currently experiencing, surely many other executives also have the days counted.
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