Frances Townsend has stepped down from her role as Chief Compliance Officer at
Activision Blizzard, reports
(may require registration or subscription). Townsend came under fire last year for a response that
"abhorrent and insulting" to a
. Word is she is now an adviser to the board and Bobby Kotick. The
Activision CEO lays on the hype, saying she was doing four jobs, and will be
replaced by two people, who will presumably do two jobs each:
“Fran did a
truly exceptional job—actually four jobs—with continuously increasing
responsibilities and the most exemplary work ethic,” Kotick wrote in an email
shared with Bloomberg News. “Fran also has done an extraordinary job enhancing
the strong governance and compliance programs we have throughout the Company.”
Jen Brewer, the senior vice president of ethics and compliance, and Luci Altman,
the senior vice president of corporate governance, will fill Townsend’s role.
Brewer has been with the company for over a decade. The Wall Street Journal
reported the move earlier Friday.