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Bobby Kotick declines to answer if he will still be at Acti/Blizzard after MS acquisition is completed
- Thread starter jbug617
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A large corporation CEO (and other executives) almost never stay onboard outside of a contract reason (1 year logistic changeover).
I mean from his standpoint, it would be a huge pay cut to stay on and not try to become a CEO elsewhere.
This is why they get huge payouts as a contract clause for buyouts, because from the CEO's view, he is losing years of "bonuses", on top of increasing shareholder value with a purchase.
I mean from his standpoint, it would be a huge pay cut to stay on and not try to become a CEO elsewhere.
This is why they get huge payouts as a contract clause for buyouts, because from the CEO's view, he is losing years of "bonuses", on top of increasing shareholder value with a purchase.
The payday from this deal alone he could probably be set for life with the money he already has probably 10 lifetimes.
Is there any doubt in anyone's mind that MS would want him out?
Read the quoted bits in this thread.
www.resetera.com
Read the quoted bits in this thread.
[Bloomberg] Xbox Chief Says He’s Evaluating Relationship With Activision
https://www.bloomberg.com/news/articles/2021-11-18/xbox-chief-says-he-s-evaluating-relationship-with-activision
www.resetera.com
Not for free. He didn't get kicked out, he got payed a lot probably. Small percentage numbers of this deal lands him several million dollars. Example: 0.5% equals 35M.
Not how I wanted to se Bobby go
Not how anyone did, but there's literally no other way for him TO go other than Activision to spontaneously implode and cease to exist.
It's weird to see people like "MS IS PAYING HIM MONEY" like...no matter how the future went, Bobby was not leaving without getting paid bigtime.
There was no other way. Unless he was caught doing embezzlement or some shit like that, being let go from Activision the normal way would still net him around 250M.
I hope, if I ever get fired from my job for being an awful POS, that I also get billions of dollars for it on my way out.
Bobby was a rich bastard before this and he'll be one after too.
The biggest winners, IMO, are the studios that will hopefully be allowed to be creative again.
So yes, this is true. There is no outcome to this story where Kotick is not set for life and profits handsomely from all his abuse. But the real goal of the pressure against Activision leadership is to create a better environment for Activision employees. It is to end the abusive and toxic workplace structures that have hurt Activision and Blizzard for years.
While hurting the people responsible for these years of abuse would certainly be ideal, the goal was not to destroy Bobby Kotick. It was to create a better workplace for Activision employees. While we may lament that powerful people never get what they deserve, we can still celebrate people being freed from their influence.
I wish there was an outcome where Kotick and all the people like him suffered genuine consequences for what they'd done. But for now we should not lose sight of what is still possible from here — and that's a better future for all the people who had to work under his leadership.
(This isn't to say you aren't keeping this in mind already, just what I think it's good for everyone to focus on.)
This is exactly why he wasn't removed earlier by the Board as this deal was already months in the planning. This basically was his "exit" and was a more "valuable" option for the Board by a long shot unfortunately for the employees.
There was no scenario where Kotick wouldnt leave with a lot of money. And he already got a lot of money. The important thing is him being gone and work conditions getting better for the employees at actiblizz.
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