Activision Blizzard’s Bobby Kotick is a man of many talents. He is the CEO and Chairman of Activision Blizzard and the founder and owner of Major League Gaming. In his time with Activision Blizzard, he has been credited for bringing in over $18 billion in revenue from games like Call of Duty, Guitar Hero, Tony Hawk Pro Skater, World Of Warcraft, and Diablo III. This guy knows how to make money! The company did not give out financial statements for this quarter but announced that its stock price was up by 4%.
As for his personal life, he is married to Kathy Levesque, and they have three children together. He has been busy working on affairs of Activision Blizzard over the past few years, but it appears that he may not be able to make some of his affairs right now. A recent article in The Verge says that Kotick signed a contract in 2008 that stated he would be entitled to several hundred million dollars if his employment was terminated without cause. However, the contract changed in 2015 and now states that he will only get $64.15 million under this new agreement.
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The Verge article also claims that 11 current or former employees have sued Kotick for sexual harassment, wrongful termination, and related charges over the years. Still, they have all settled out of court with arbitration clauses in their contracts which prevent them from discussing it publicly. This includes a recent settlement made just last week where Activision agreed to pay an undisclosed sum to end litigation brought on by two women who were let go after voicing complaints about gender discrimination at Blizzard’s Irvine office (where Diablo III is developed). In a statement to The Verge, Kotick said that he believes “the facts will show the allegations are without merit,” and they would have been settled if both parties agreed on arbitration.