Activision Blizzard’s previous few months have been rocky to say the least. With multiple high ranking professional within Blizzard moving on from the company, both entities look to find stability in the construction of their company. It seems as though now they are both taking the first steps in that direction. In a press release by Activision Blizzard this morning, […]
Activision Blizzard’s previous few months have been rocky to say the least. With multiple high ranking professional within Blizzard moving on from the company, both entities look to find stability in the construction of their company. It seems as though now they are both taking the first steps in that direction.
In a press release by Activision Blizzard this morning, the company announced Call of Duty General Manager Rob Kostich has been named President of parent company Activision. The release also states that Humam Sakhnini has been named President of King Digital Entertainment, along with Dennis Durkin assuming an expanded role as President of Emerging Business.
CEO of Activision Blizzard, Bobby Kotick, provided the following statement on filling the leadership roles:
“Rob, Humam, Dennis and J. exemplify our deep bench of operational and commercial leadership. These capable and seasoned executives have shown unwavering commitment to our company, our employees, and our beloved community of fans around the world. With these proven, principled leaders at the helm, we will continue to invest in the strategic growth drivers of our business; our talented people, and creating the world’s best video games, live services, mobile experiences, and new and growing franchise engagement models.”
Kostich, who has been with Activision for nearly 15 years, has made quite the mark on the industry by leading one of gaming’s most iconic franchises Call of Duty for the past decade. The statement also boasts that under his supervision, Call of Duty has now generated more revenue than the Marvel Cinematic Universe in the box office, and double that of the cumulative box office of Star Wars.
Sakhnini will oversee all operational management in partnership with King CEO Riccardo Zacconi, as President of King. He has been with Activision for over six years, previously holding the title of Chief Financial Officer and Chief Strategy Officer for King. Durking, in the role of President of Emerging Businesses, will oversee operational management of Activision Blizzard Esports Leagues, Activision Blizzard Studios and Activision Blizzard Consumer Products Group.
The new appointments come on the heels of former Blizzard CFO Amrita Ahuja leaving the company to join Square, Inc., and online financial service. An additional statement notes that founding member and former CEO & president Mike Morhaime, who resigned in October will be providing strategic advice for the company in an advisory role until this coming April.