Inactive Instrument

Activision Blizzard, Inc.

ATVI

US00507V1098

Activision Blizzard Chief Operating Officer Daniel Alegre Plans Departure

December 16, 2022 at 05:59 pm EST

By Kathryn Hardison

Activision Blizzard Inc. said Chief Operating Officer Daniel Alegre plans to leave the company to pursue another opportunity.

Mr. Alegre told the company that he will step down at the end of his current term of employment, which expires March 31, the company said in a Friday filing with the Securities and Exchange Commission.

Mr. Alegre has served as the company's president and operating chief since April 2020, according to his LinkedIn profile.

Microsoft Corp. is trying to buy Activision in a cash deal valued at $75 billion. The Federal Trade Commission has sued to block the deal, saying the acquisition would harm competition.

Write to Kathryn Hardison at kathryn.hardison@wsj.com

(END) Dow Jones Newswires

12-16-22 1759ET

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Activision Blizzard, Inc. is a world leader in designing, publishing, and distributing interactive video gaming software for game consoles and computers. The activity is organized around two sectors: - publishing of gaming software: software designed by the group or by third-party developers; - distribution of third-party software. Net sales break down by source of income into sales of products (21.8%) and other (78.2%; sales of subscriptions, licenses, etc.). Activision Blizzard, Inc. owns a catalogue of titles drawn from trademarked names and franchises (Heartstone, Call of Duty, StarCraft, World of Warcraft, Skylanders, Diablo and Destiny). Net sales are distributed geographically as follows: Americas (55.9%), Europe/Middle East/Africa (29.7%) and Asia/Pacific (14.4%).

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