It has simply been introduced that the president and COO of Activision Blizzard shall be leaving the corporate early subsequent 12 months.
The information was simply launched that on March thirty first, 2023, Daniel Alegre, who has been Activision’s president since 2020, will go away the corporate after his present contract expires.
Alegre will depart the favored publishing firm to hitch up with the rising NFT agency Yuga Labs.
The information has been confirmed by Alegre himself after he additionally introduced his new place as CEO of the Blockchain agency. For these not conversant in Yuga Labs, they’re the corporate greatest identified for the Bored Ape Yacht Membership NFTs.
Alegre will take over from Nicole Muniz, who will step down as CEO however stay on workers as an lively companion and strategic advisor. Since 2020, Yuga Labs have shortly established itself as a strong participant within the NFT and Blockchain area.
With Alegre on the helm, Yuga Labs goals to develop into one of many main corporations in shaping each the world of digital property, in addition to the way forward for the web as a complete.
Alegre’s departure is sort of actually a direct results of Microsoft’s proposed $69 million-dollar acquisition of Activision Blizzard, which is meant to be accomplished by subsequent summer season, nevertheless, it has now been slowed after a Federal Commerce Fee investigation and lawsuit briefly halted the deal.
If the cope with Microsoft does certainly undergo as anticipated, nobody is ready to learn greater than present Activision Blizzard CEO Bobby Kotick.
A proxy assertion filed final 12 months now sees Kotick as the only change-of-control govt on the firm, that means that he can be rewarded financially if he’s let go after the merger goes by way of.
In different phrases, Ought to Kotick be fired after the Microsoft deal, he may very well be tens of millions of {dollars} in compensation.
Kotick’s time as Activision’s CEO has been met with some controversy as a number of stories have come out that the office atmosphere has grown more and more poisonous in recent times.
There have additionally been alleged stories that workers members at Activision Blizzard disclosed a number of sexual misconduct allegations and Kotick did little to nothing about it.
With all that being mentioned, many Activision staff are welcoming the Microsoft takeover, whereas the FTC and others nonetheless have considerations over the potential damaging results on the trade in the long term.
