Acti-Blizz boss Bobby Kotick’s been named a contender for the Marketwatch CEO of the Year.
The reasoning’s obvious: he’s targeted money in a spectacular way.
“Kotick has created a formidable challenger to industry leader Electronic Arts in total sales, and a business with better than twice the profitability of its main competitors,” said Marketwatch.
“The one-two punch of Activision and Blizzard is expected to generate about $4.7 billion in revenue this year — in excess of 60% above what Activision drew as a stand-alone company in its last fiscal year. So far, the results are encouraging: Revenue of $711 million in the second fiscal quarter ended Sept. 30 — the first earnings report since the merger closed in July — was more than double what Activision made in the year-ago quarter.”
More through there.