In a fight to best talent across the companies from time to time, another tech wiz was tapped – this time Activision Blizzard grabbed Microsoft executive Dennis Durkin as Chief Financial Officer, replacing interim CFO Thomas Tippl and reporting to CEO Bobby Kotick. The appointment comes less than a week ago after the company plans to lay off about 600 employees.
“We are very pleased to welcome Dennis to Activision Blizzard’s senior management team,” stated Bobby Kotick. “Dennis joins us with more than 15 years of multinational experience in finance and operational management and brings a wealth of knowledge and expertise as we continue to build our business around the world. Dennis shares our philosophy of shareholder value creation and in his new position will be able to build on our strong financial and operational foundation.”
Durkin has been at Microsoft since 1999 and most recently name as Corporate Vice President, Chief Operating and Financial Officer of Microsoft’s Interactive Entertainment Business (IEB), which includes Xbox. Prior to joining the IEB/Xbox business in 2006, Durkin worked on Microsoft’s corporate development and strategy team, including two years where he was based in London driving pan-European activity. Before joining Microsoft, Durkin was a financial analyst at Alex. Brown and Company. He holds an MBA from Harvard University and a bachelor’s degree in Government from Dartmouth College.