Activision Blizzard's Armin Zerza to Become CFO
March 29 2021 - 5:04PM
Dow Jones News
By Maria Armental
Activision Blizzard Inc. is promoting Armin Zerza to chief
financial officer and said the company is on track to beat
first-quarter financial targets.
The company, which is slated to report first-quarter results on
May 4, said Mr. Zerza will take over as CFO in the second quarter,
following the retirement of Dennis Durkin.
Mr. Zerza, who joined the company in 2015, is chief commercial
officer of Activision Blizzard and chief operating officer of
Blizzard Entertainment.
"When I recruited Armin to become CFO of Blizzard six years ago,
I expected him to one day become the CFO of the entire company,"
said Thomas Tippl, Activision's vice chairman, who has worked with
Mr. Zerza for more than 20 years, going back to Procter &
Gamble Co.
"Two years ago, in a very difficult situation, Dennis stepped in
again as our CFO, and his efforts and focus helped the company
return to growth and established the momentum we now have," Chief
Executive Bobby Kotick said, adding that Mr. Zerza's financial and
operational know-how, "balanced with a great appreciation for the
need to ensure inspiration and creativity -- makes him uniquely
suited to serve as our next Chief Financial Officer."
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
March 29, 2021 16:49 ET (20:49 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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