Measured against a new line added Activision Blizzards main record of sale MicrosoftCEO Bobby Kotick’s post-merger employment status was not discussed.
As spotted by Axios’ Stephen Totilo (thanks, VGC), it still seems up in the air whether Kotick will remain as CEO at Activision Blizzard. The line added to the company’s 8-K filings that there had been no discussions on Kotick’s employment arrangements prior to the merger negotiations.
On Friday, Activision added a line to its main filing about its proposed sale to Microsoft, emphasizing that Microsoft and Bobby Kotick have not discussed or negotiated its post-merger employment status.https://t.co/w9N3sXZM2g
— Stephen Totilo (@stephentotilo) April 18, 2022
“No discussions or negotiations regarding post-closing employment agreements with Microsoft took place between Microsoft and Mr. Kotick prior to the approval and execution of the Merger Agreement and the transactions contemplated herein, nor did they occur after such approval and execution as of the date of this release,” the line reads .
Whether or not Kotick would remain as CEO at Activision Blizzard has been a hotly debated topic over the past year. At one point, he reportedly considered stepping down from his position if allegations of sexual harassment, discrimination and broader cultural issues at the studio could not be “quickly addressed.” A report also came out claiming that Kotick had known about all the allegations against the company for years. This all stems from the two-year California state investigation that came to light last year and brought to light all of these allegations.
Activision Blizzard has generally had trouble positioning itself in a positive light over the past year for things like allegedly withholding damning numbers about workplace misconduct.
And in March, the company was hit by another lawsuit alleging discrimination and harassment, which generally conveyed the image that Kotick might not be quite a fit for his position as CEO. The merger with Microsoft will likely take some time, so it’s unlikely we’ll know anytime soon whether Kotick will stick around or not.
https://www.vg247.com/bobby-kotick-employment-status-microsoft-acquisition Bobby Kotick’s employment status following the Microsoft acquisition was reportedly not discussed