Big scoop from The Verge:

Activision-Blizzard CEO Bobby Kotick is stepping down officially December 29th. Microsoft has not appointed a direct replacement and instead has rolled the suite of Activision Blizzard executives — including Blizzard president Mike Ybarra, Activision publishing president Rob Kostich, and Activision Blizzard vice chair Thomas Tippl — under Microsoft’s game content and studios president Matt Booty.

Microsoft announces more Xbox leadership changes as Activision’s Bobby Kotick departs

Kotick’s last day is December 29th.

www.theverge.com

Bunch more details about other personnel changes and the full internal memo from Phil Spencer over at the source 👀