Activision Blizzard CEO Kotick Reportedly Leaving Company After Microsoft Deal Closes

The Wall Street Journal is reporting that Bobby Kotick is expected to leave the company once the Microsoft deal closes, which will add to the turmoil at the company.

Bobby Kotick, CEO of the company, spoke at the Vanity Fair New Establishment Summit in San Francisco, California. Michael Kovac is the photographer for Vanity Fair.

Images for Vanity Fair.

People familiar with the plans told the Journal that Kotick is expected to leave the company after the close of the deal.

Microsoft said in a press release that Kotick would remain as CEO, but that the business would report to Phil Spencer once the deal was finalized.

Kotick told the Journal he will be available to ensure that we are going to have the best integration, but did not address his employment status after the deal closed.

The story will be updated.