Kotick said he will be “available as needed” at Activision Blizzard “to ensure the best integration”

It is currently unclear what role Activision Blizzard CEO Bobby Kotick will play once the deal with Microsoft is approved.

Talk to New York TimesCo. best fit.”

When the $68.7 billion acquisition is announced, Kotick revealed that Kotick will maintain his position as Activision Blizzard CEO, while he and his team continue to push their “efforts to further strengthen the company culture and accelerate business growth.” ” However, it is also said that once the ink dries, Activision Blizzard’s business will report directly to former Xbox boss and now Microsoft Gaming CEO Phil Spencer. There’s a good chance that Kotick won’t stay, but if he does, he won’t leave empty-handed, because he’ll definitely have some golden parachute.

Since the last count, Kotick owns more than 4.3 million shares in Activision Blizzard, which if he sold some, depending on the current price at the sale, he could make money – not that he hasn’t. According to the report, he is one of the highest paid CEOs in the country with an income of $154.61 million for 2020. It is also estimated that the man is worth around $7 billion. So even if he is ousted from the Microsoft-owned company, he won’t go bankrupt.

And speaking of money, it is thought he should have been fired by the board, a decision to terminate his contract “without cause” against him would see Kotick go with a check for 265 ,2 million dollars. If there is “cause” for termination, such as saying he was found guilty by the board of his complicity in intentionally withhold information for sexual harassment lawsuits, the check will be significantly smaller at $264,524, according to Fortune magazine.

https://www.vg247.com/kotick-to-remain-at-activision-as-needed-to-ensure-integration Kotick said he will be “available as needed” at Activision Blizzard “to ensure the best integration”

Fry Electronics Team

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