Activision Publishing CEO Mike Griffith Resigns

With Activision Blizzard taking severe amounts of heat from the press and in legal feuds brought on by their own employees, who wouldn't want to get away.  Including there very own CEO and President Mike Griffith. Griffith has resigned as of April 23 with unknown reasons behind his resignation although he will stay on as vice-chairman of Activision Blizzard. We can't say for sure if the two issues are related although Griffith will now only collect a base salary due to resigning just two months before his June 30 employment contract expiration. Griffith will retain his board position as vice chairman on a 12-month renewable contract, receiving $250,000/yr, in addition to stock options and eligibility.


"Duties as Vice-Chairman of Activision Blizzard include participating in Board of Directors and Chairman of the Board meetings and other internal strategy sessions; providing counsel to Activision Blizzard's executive team; and providing services on key initiatives and projects, as requested by the CEO," stated the filing.


First Published Apr 28th 2010, 20:00