As was originally reported close to two years ago, Activision Blizzard CEO and founder Bobby Kotick is officially leaving the company following Microsoft's buyout of the Call of Duty giant. When Microsoft closed the deal in October, it was reported that Microsoft Gaming CEO Phil Spencer asked Kotick to stay on for the time being, and now he's officially leaving as many expected he would.

"Phil shares our values and recognizes our talents. He is passionate about our games and the people who make them. He has bold ambition," Kotick said in a memo to staff.

Kotick is reportedly leaving Activision Blizzard with a gigantic pay package in the area of $400 million.