Yuga Labs Names Activision Blizzard President and COO Daniel Alegre as New CEO

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Fast take:

Daniel Alegre will start his new position as CEO of Yuga Labs within the first half of 2023.Alegre beforehand spent 16 years at Google and joined Activision Blizzard in 2020.He’ll deliver his experience within the video games business to Yuga Labs’ Otherside metaverse challenge.

Yuga Labs at this time introduced the appointment of  Activision Blizzard President and COO Daniel Alegre as its new CEO. He’ll go away Activision Blizzard on the finish of Q1 2023 and start his new position at Yuga Labs after.

Alegre succeeds present CEO Nicole Muniz, who will keep on as a accomplice and strategic advisor to the corporate. He’ll work intently with Yuga Labs founders Wylie Aronow and Greg Solano to guide the corporate’s subsequent part of development.

With the brand new appointment, Yuga Labs hopes to leverage Alegre’s experience within the gaming business as the corporate is growing Otherside, a gamified metaverse impressed by MMORPGs.

Since 2020, Alegre has served as President and Chief Working Officer of Activision Blizzard overseeing worldwide supply and commercialization of franchises similar to Name of Responsibility, World of Warcraft, Diablo, Overwatch, and Sweet Crush.

Previous to that, he spent over 16 years at Google the place he held varied roles all through his profession, together with President of International and Strategic Partnerships, President of Retail, Buying and Funds in addition to President of Asia Pacific and Latin America.

Throughout Alegre’s tenure at Activision Blizzard, the corporate has confronted authorized obstacles. On Dec 8, the Federal Commerce Fee sought to dam Microsoft from buying Activision Blizzard, claiming that the $69 million deal, the most important ever within the gaming business, would allow Microsoft to suppress its opponents. 

In July, the UK’s Competitors and Markets Authority (CMA) additionally launched an investigation to find out whether or not the acquisition may trigger “a considerable lessening of competitors inside any market or markets in the UK for items or providers.”

Nonetheless, this didn’t have an effect on Yuga Labs’ determination to rent Alegre. Yuga Labs’ co-founder Wylie Aronow stated that the management crew had been on the hunt for somebody with Alegre’s talent set for a very long time. 

“Daniel has held one of many highest-level roles at one of many largest gaming firms on the earth. He brings priceless expertise throughout leisure, e-commerce, and international strategic partnerships – all of that are crucial features of an immersive web3 world constructed by creators and for creators,” Aronow added.

Yuga Labs has been poaching prime sport business expertise because it grows Otherside. In September, the corporate employed its first chief gaming officer, Spencer Tucker, to supervise the corporate’s gaming initiatives and Otherside metaverse.



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