MCV/DEVELOP News, events, research and jobs from the games industry
It has been confirmed that the CEO and president of Activision Publishing Mike Griffith resigned from both of his roles on April 23rd.
The exec, however, will continue to serve as vice chairman of Activision Blizzard. This role sees him take an active part in board and internal strategy meetings.
His original contract was set to run until June 30th and will now be automatically renewed on an annual basis.
Activision’s official statement on the move also confirms that Griffith’s annual salary will be $250,000 plus discretionary bonuses and that he is freed from previous minimum stock hold requirements.
The move comes amidst the backdrop of worsening relations with owned studio Infinity Ward.
A total of 23 people have left the studio since the headline-hitting sacking of former bosses Jason West and Vince Zampella, and overnight it emerged that many of those who remain are now suing Activision over unpaid bonuses.
