Microsoft and Bobby Kotick haven’t discussed his post-merger employment status yet, Activision Blizzard claimed. This is contrary to previous reports suggesting the publisher’s CEO would resign following the deal.
Axios’ Stephen Totilo spotted a new line added to Activision Blizzard’s main filing to the US Securities and Exchange Commission (SEC) on April 15.
“No discussions or negotiations regarding post-closing employment arrangements with Microsoft occurred between Microsoft and Mr. Kotick prior to the approval and execution of the merger agreement and the transactions contemplated thereby, or have occurred subsequent to such approval and execution, through the date hereof,” the new sentence reads.
Back in January, The Wall Street Journal reported that Kotick was expected to leave Activision Blizzard after the deal closes, citing people familiar with the matter. In November 2021, the controversial CEO himself noted that he would consider resigning if he can’t solve the ongoing workplace issues at the company.
No matter what Microsoft might have in plans, Kotick will keep his job at least until July 2023, when the $68.7 billion deal is expected to close. However, several activists and advocacy groups continue to demand his resignation.
Earlier this month, four US senators urged the Federal Trade Commission (FTC), which is responsible for reviewing the Microsoft-Activision deal, to scrutinize the merger, demanding Kotick be held accountable for creating toxic workplace culture at Activision Blizzard.