Activision Blizzard begins search for new publishing CEO
Select language to see a machine translation of this article. The original language of the Article is English and the translation is provided for your convenience.

Activision Blizzard begins search for new publishing CEO

Eric Hirshberg, CEO of Activision Publishing, is leaving the company after an eight-year run. During his time with the company, Hirshberg oversaw the publication of some of the biggest games in the industry. These include numerous iterations of the record breaking Call of Duty series, Destiny and Destiny 2, and breakout hit Skylanders. Hirshberg, who reports directly to Activision Blizzard’s CEO, Bobby Kotick, will finish on March 31. Activision made the announcement at the end of last week, adding that the search for a replacement is already underway.

Activision Blizzard’s share price has skyrocketed by 81% over the last 12 months

graph 0124 activision blizzard

SOURCE: Yahoo Finance

Hirshberg gave a prepared statement to the press, highlighting his respect for the company and its boss. He said: “Serving as Activision’s CEO has been an honour and a thrill. This is an amazing company, one which routinely delivers epic experiences for our fans, on a scale that no one else can. I have nothing but admiration for the incredible team I have had the privilege to lead. And I have nothing but appreciation for Bobby for giving me this transformational opportunity, and also for having the vision and conviction to champion a creative person for a leadership role on this scale.

If Kotick took a chance on Hirshberg, it certainly paid off, as he is leaving the company on an unquestionably high note. In December, Activision announced that Call of Duty: WWII and Destiny 2 were the top-selling games in North America last year. They were also the most downloaded games on the PlayStation Store.

Bobby Kotick spoke to the press, extolling the virtues of his former second in command: “During Eric’s tenure we’ve had historic performance and great successes. He is an inspiring leader, and we will all miss his creativity and tenacity very much. He is leaving the team, the franchises and the business in a great place, and he goes with my full support and appreciation.

Disclosure

Dominion holds Activision Blizzard in its Global Trends Ecommerce Fund.


If you would you like to receive the Newsfeeds daily, please click here to sign up now!

Help us make this Newsfeed better by rating this article. 1 star = Poor and 5 stars = Excellent
0.0/5 rating (0 votes)

Disclaimer
The views expressed in this article are those of the author at the date of publication and not necessarily those of Dominion Fund Management Limited. The content of this article is not intended as investment advice and will not be updated after publication. Images, video, quotations from literature and any such material which may be subject to copyright is reproduced in whole or in part in this article on the basis of Fair use as applied to news reporting and journalistic comment on events.