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Activision Blizzard president and COO Daniel Alegre stepping down

UPDATE: Alegre is appointed as CEO of blockchain firm Yuga Labs, developer of the Bored Ape Yacht Club

Original Story: Activision Blizzard is losing its president and chief operating officer next year.

A new 8K filing with the US Securities and Exchange Commission reveals Daniel Alegre will be leaving the company for "another opportunity" elsewhere.

He will finish his current term of employment, which ends on March 31, 2023. No replacement has been named at the time of writing.

Alegre joined Activision Blizzard in 2020, leaving his previous position as president of global retail and shopping at Google.

During Alegre's tenure as president and COO of Activision Blizzard, the publisher has faced a number of challenges, including multiple government lawsuits over allegations of toxicity in the workplace and violations of civil rights and pay laws.

The company is also the subject of a proposed $69 billion acquisition by Microsoft, although this has hit some regulatory stumbling blocks.

Most recently, the Federal Trade Commission filed a lawsuit to block the deal. You can read more about the regulatory hurdles this deal faces in our handy primer.

Update: Yuga Labs, the parent company behind the non-fungible token collection Bored Ape Yacht Club, has announced that Daniel Alegre will be its new CEO.

Alege will join the blockchain firm in the first half of 2023 as he succeeds Nicole Muniz. Muniz will remain with Yuga Labs as a partner and strategic adviser.

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