Mike Morhaime, the co-founder of Blizzard Entertainment, is severing all ties with the company in April.
Mike Morhaime stepped down as President of Blizzard Entertainment in October 2018, but still served in an advisory role. There was a lot of speculation as to why Morhaime would suddenly step down less than a month before Blizzcon 2018. The writing was on the wall after Blizzard infamously announced Diablo: Immortal. The subsequent cancellations of Heroes Global Championship (HGC) and Heroes of the Dorm led to more questions as to what was really going on at Blizzard. Was Activision pulling the strings at Blizzard? Now, Morhaime is leaving Blizzard for good in April. This leaves Frank Pearce as the only co-founder at Blizzard still at the company since its founding in 1991. Allen Adham had left Blizzard in 2004 and returned in 2016.
Blizzard and its parent company, Activision Blizzard, have had a rocky ride post-Blizzcon 2018. Not only was Activision Blizzard CFO Spencer Neumann fired (and later took up the same position at Netflix), but ex-Blizzard CFO Amrita Ahuja left the company to take up the same position at Square, a mobile payments company. Jack Dorsey, who is a co-founder and CEO of Twitter, also holds the same positions at Square.
Morhaime’s departure is confirmed for April 7, 2019, according to a filing with the Securities and Exchange Commission (SEC). “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.”
What do you think is going on at Activision Blizzard and Blizzard in general? Should Morhaime break his silence on the nature of his initial departure from the company? Let us know in the comments below!