Daniel Alegre will leave the publisher Call of Duty when his contract expires on March 31, 2023.
Activision Blizzard will no longer be led by president and CEO Daniel Alegre next year. According to a new report from the US Securities and Exchange Commission, the agency has been investigating allegations of workplace discrimination and harassment at Activision Blizzard for more than a year.
The company’s current chairman, Daniel Alegre, will no longer be in charge of the company in the first quarter of next year. Specifically, his current contract with him will end in March 2023 and after that, he will leave the company to “find new opportunities”.
Alegre joined Activision Blizzard in 2020, while serving as chief commercial officer. Currently, it is not known who will take his place after the contract expires.
Over the past two years, Activision Blizzard has been involved in various litigation and oversight by various governmental organizations, not least because of the well-known incidents of sexual harassment and discrimination in the environment. but also due to Microsoft’s acquisition of the company and its developers and IPs for $68,000 million. The European Commission and the Federal Trade Commission will have to make a decision on whether the transaction violates antitrust laws and policies. For now, it’s only known that the Federal Trade Commission plans to order a halt to trading.
Microsoft is under scrutiny in the UK and US, where the Competition and Markets Authority and the Federal Trade Commission are currently conducting separate investigations. Despite concerns, both Activision Blizzard and Microsoft said the deal would end in June 2023. Meanwhile, Microsoft still needs to get approval from more than 10 regulators globally to finalize. Activision Blizzard acquisition. The company is also currently trying to reach an agreement with PlayStation about the future of Call of Duty.
This has the authorities concerned that the Microsoft purchase is Xbox’s domination of Call of Duty, the game that is very popular on the PlayStation, and that it could harm “Sony’s competitiveness”. In response to this, Microsoft offered Sony the ability to include Call of Duty in the PlayStation Plus service. Mr. Alegre has submitted a filing with the Securities and Exchange Commission for his departure. What awaits the next Activision Blizzard?