Microsoft Corporation has appointed a new president for Blizzard Entertainment Inc. following Mike Ybarra's sudden departure: the tech company named Johanna Faries, the new video game developer and publisher leader.
Executive Promotions at Blizzard
Microsoft announced the promotion of Faries on Monday, Jan. 29. The firm acquired Activision Blizzard for $69 billion last year, and with Faries leaving her general manager role at "Call of Duty," Matt Cox has been tasked to take over her role as senior vice president and GM. His appointment also takes effect immediately, according to Reuters.
Faries will start her new job on Feb. 5 and take office at Blizzard Entertainment in a time of turmoil. She will be the first woman to become president of the video game firm.
Faries has been working at Activision Blizzard since 2018. After spending about 12 years at the National Football League (NFL), she moved into this company and held several leadership roles in the marketing and business departments. At one point, she became the league's vice president of club business development.
Mike Ybarra's Departure and Layoffs
Johanna Faries is succeeding Mike Ybarra, who resigned from his job at Blizzard. He submitted his resignation not long after a series of layoffs at Microsoft's gaming units, including Activision Blizzard. Game Rant reported that besides Ybarra, Allen Adham, the co-founder of Blizzard, also revealed he is leaving the company.
Meanwhile, the recent layoffs at Microsoft occurred just last week, and it terminated about 1,900 jobs at Xbox and Activision Blizzard. Ybarra and Adham immediately announced their departure after the job cuts, which were said to be part of a larger "execution plan" to reduce business areas that "overlap."


JD Sports Backs Nike CEO Elliott Hill Amid Brand Turnaround Efforts
Arm Stock Drops Despite Strong AI Chip Demand and Earnings Beat
UOB Q1 Profit Meets Expectations as Loan Growth Offsets Lower Interest Rates
Aker BP Q1 Profit Jumps on Higher Oil Prices and Asset Reversal
Coinbase Q1 2026 Earnings Miss Sends COIN Stock Lower Amid Crypto Market Slump
CoreWeave Q1 2026 Revenue Surges as AI Infrastructure Demand Grows
Continental AG Shares Jump After Q1 Profit Beats Expectations
Shell Q1 Profit Surges to Two-Year High as Dividend Rises Despite War-Driven Debt Pressure
Philips Reaffirms 2026 Outlook After Strong Q1 Sales and Margin Beat
Lufthansa Q1 Loss Narrows as Strong Summer Travel Demand Boosts Outlook
Novo Nordisk Raises 2026 Outlook on Strong Wegovy Demand
China Banks Halt New Loans to Sanctioned Refineries Amid U.S.-Iran Oil Crackdown
Morgan Stanley Bets on Optical Component Stocks in Greater China Tech Sector
Armani Group Eyes Strategic Stake Sale to Luxury Giants
Maersk Q1 Earnings Beat Expectations as Iran Conflict Clouds Shipping Outlook
Sony Forecasts Lower 2027 Profit Despite Strong Music and Sensor Growth
Hantavirus Cruise Ship Outbreak Triggers Global Health Alert 



