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0 pointszadjii4y ago0 comments

Literally the next sentence:

> Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.

So no, they aren't keeping him around. Good call.

0 comments

ferdowsi4y ago

That doesn't say that Kotick will be gone, it says that he'll be reporting up to Microsoft.

stoobs4y ago

Golden parachute incoming... Probably hanging around for a few months until the buyout completes, then off he goes.

Hamuko4y ago

Apparently his shares are worth about 385 million and his golden parachute is like a maximum of 293 million.

So if Microsoft buys out and fires Kotick, he'd walk away with like 678 million dollars. It's pretty weird that there are people who are happy about this proposition and are not named "Robert Kotick".

Ygg24y ago

https://tenor.com/view/crying-wiping-tears-with-money-sad-mo...

uptown4y ago

Corporate speak sometimes requires you to read between the lines.

mandis4y ago

Thats what I thought. A CEO reporting to a CEO isnt going to end well.

bidirectional4y ago

Who exactly do you think the CEO of Microsoft Gaming reports to? This is a pretty common corporate structure. I've worked under a total of 4 CEOs in a hierarchy before (CEO of an investment firm reports to CEO of the owning bank's European investment division reports to CEO of Europe reports to actual CEO).

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mbg7214y ago

Go ahead, name a country that doesn't have two presidents. A boat that sets sail without two captains.

bidirectional4y ago

There's nothing to read into. He is categorically going to being staying on.

TigeriusKirk4y ago

There's still a CEO of Mojang. So maybe they keep him, maybe they won't.

They wouldn't muddy their happy upbeat acquisition announcement by mentioning they're pushing him out, though.

So it's wrong to draw any conclusions yet.

Miner49er4y ago

No, he's just going to report to Phil Spencer it looks like. He will still lead Activision Blizzard. Might be different once we know more details.

user-the-name4y ago

I do not see that saying that at all.

j / k navigate · click thread line to collapse

0 comments

ferdowsi4y ago

That doesn't say that Kotick will be gone, it says that he'll be reporting up to Microsoft.

stoobs4y ago

Golden parachute incoming... Probably hanging around for a few months until the buyout completes, then off he goes.

Hamuko4y ago

Apparently his shares are worth about 385 million and his golden parachute is like a maximum of 293 million.

Ygg24y ago

https://tenor.com/view/crying-wiping-tears-with-money-sad-mo...

uptown4y ago

Corporate speak sometimes requires you to read between the lines.

mandis4y ago

Thats what I thought. A CEO reporting to a CEO isnt going to end well.

bidirectional4y ago

1 more reply

mbg7214y ago

Go ahead, name a country that doesn't have two presidents. A boat that sets sail without two captains.

bidirectional4y ago

There's nothing to read into. He is categorically going to being staying on.

TigeriusKirk4y ago

There's still a CEO of Mojang. So maybe they keep him, maybe they won't.

They wouldn't muddy their happy upbeat acquisition announcement by mentioning they're pushing him out, though.

So it's wrong to draw any conclusions yet.

Miner49er4y ago

No, he's just going to report to Phil Spencer it looks like. He will still lead Activision Blizzard. Might be different once we know more details.

user-the-name4y ago

I do not see that saying that at all.

j / k navigate · click thread line to collapse