Blizzard Entertainment strategic advisor Mike Morhaime has announced that he is set to resign in April of this year.
At Blizzcon 2018, it was announced that Blizzard Entertainment co-founder and CEO Mike Morhaime would be stepping down from his position to assume a new strategic advisory role within the company. The decision to step down was followed by long-time World of Warcraft executive producer J. Allen Brack being appointed as the new CEO of the development company. Since then there have been numerous executive changes at Activision Blizzard, which has been made clear following an announcement from the company.
“As previously disclosed, on October 3, 2018 Michael Morhaime entered into an agreement with Activision Blizzard, Inc. (the “Company”) pursuant to which he would provide strategic advice to the Company in an advisory capacity. Mr. Morhaime’s employment with the Company as a strategic advisor will conclude on April 7, 2019.”
Morhaime’s resignation is the latest executive official to resign from the AAA publishing giant over the past few months. Previously, Activision CFO Spencer Neumann left the company and joined Netflix to become its new CFO. Blizzard CFO Amrita Ahuja resigned and was later hired by Square, Inc. Hearthstone developers Yong Woo, Ben Brode, and Hamilton Chu also left the company to form their own independent studio, Second Dinner last year. Additionally, it was recently reported that Activision has laid off as many as 100 employees.
This news creates a troubling image for the now embattled Activision who has seen numerous resignations, layoffs, accusations of employee discrimination, and the discontinuation of their partnership with AAA developer Bungie in the past few months. Consumer and investor confidence in the publishing giant is now at an all-time low and what this could mean for the company remains to be seen, but it is certain that CEO J. Allen Brack has an important task ahead of him as he attempts to steer the company out of choppy waters. Fandomwire has reached out to the company for comment.
What do you think of this news? Is Activision doomed? Let us know in the comments below!