Video game developer Activision Blizzard’s CEO Bobby Kotick is set to step down from his leadership role at the company at the end of the year, Microsoft Gaming announced in an internal memo Wednesday.
Kotick, who’s served as Activision’s CEO since 2008, will reportedly leave the CEO position on Dec. 29.
The executive change was long anticipated following Microsoft’s acquisition of Activision in October of this year.
“I’d like to thank Bobby—for his invaluable contributions to this industry, his partnership in closing the Activision Blizzard acquisition and his collaboration following the close—and I wish him and his family the very best in his next chapter,” said Microsoft Gaming CEO Phil Spencer.
