Yuga Labs Nabs Activision Blizzard’s Exec as New CEO

Share This Post

Yuga Labs’ current CEO, Nicole Muniz, is dropping down from her role to leave room for Activision Blizzard’s COO, Daniel Alegre, in 2023

Departing executive and COO of Activision Blizzard, Daniel Alegre, will be crowned Yuga Labs‘ next CEO in the new year.

Quick Take: 

  • Alegre will replace Yuga Labs’ current CEO, Nicole Muniz, in the first half of 2023.
  • This new leadership is to boost Yuga Labs’ gaming innovation.
  • Nicole Muniz will remain a strategic advisor and partner on the team.
Yuga Labs’ new CEO in 2023, Daniel Alegre

The Need for New Leadership 

Yuga Labs, the hub of the world’s-famous OG NFT collections, CryptoPunksand Bored Ape Yacht Club, among others, is looking for new innovative ways to keep its NFT and metaverse products at the forefront of the digital realm.

To achieve such goals, it is switching up its leadership ladder, bringing in Alegre to take over Muniz’s spot as CEO.

Following leading Activision Blizzard since early 2020, Alegre has dipped his toes into well-known brands, including World of Warcraft, Call of Duty, Overwatch, Diablo, and Candy Crush. He has also spent 16 years across several leadership roles at Google.

Having vast experience in the gaming and tech sectors, the current team behind Yuga Labs believes Alegre is the perfect fit for adding more value to the Web3 giant’s metaverse and digital collectibles—regardless of already selling many NFTs for more than six figures.

Controversy Behind the Switch of Roles

Interestingly, Alegre’s new career move came to light less than two weeks after the Federal Communications Commission (FCC) announced a lawsuit to stop Microsoft from acquiring Activision Blizzard for a substantial $69 billion.

Initially announced in January, the plan behind the deal was for the world’s largest computer software vendor to expand on innovation by diving into the metaverse with help from the team behind one of the most reputable gaming firms, Activision Blizzard.

However, after long-anticipated hype, the FCC stopped Microsoft from making such moves. Consequently, Alegre looked for other exciting opportunities at the last minute, signing a filing on December 16, 2022, to state his departure from the video game holding company.

Yuga Labs’ current CEO, Nicole Muniz

What’s Next? 

Alegre is now preparing to take the helm of Yuga Labs in the first half of 2023.

The company’s CEO since day-dot, Nicole Muniz, will climb down the ladder and become a strategic advisor and partner on the team.

Apparently, Alegre will use Mutant Ape Yacht Club #3850 as his new profile picture (PFP) once his CEO leadership role is firmly in place—so keep an eye out!

Subscribe to the NFT Lately newsletter to receive news covering the latest NFT drops, releases, reviews and more.

spot_img

Related Posts

Coinbound Appoints Lindsay Keyfauver to Director of Coinscribble

New York, NY – October 2nd, 2024 – Coinbound,...

Coinbound Named to Manifest’s Global Most Reviewed Advertising and Marketing Agencies List for 2024

Honored for Excellence in Blockchain Marketing, Crypto Marketing, Investor...

Void 2122 to Unlock a New Era of Combat Card Gaming with NFTs

The pioneering force in the Web3 landscape, Void 2122,...

Magic Eden Adopts Solana’s Compressed NFTs

Magin Eden, the distinguished NFT marketplace, recently announced its...

Friend.tech Returns With Surging NFT Trading Volumes

Friend.tech, the decentralized social media app, has shown an...

Related Posts

Bored Ape Yacht Club Review | 2023 Guide

An in-depth Bored Ape Yacht Club Review Guide. Everything you need to know about Bored Ape Yacht Club NFT Collection.

CoinGecko vs CoinMarketCap: Which Is The Better Crypto Tracker?

CoinMarketCap and CoinGecko are two of the most popular...

The History of Bitcoin NFTs – A Step-by-Step Timeline

With recent hype surrounding Casey Rodarmor's release of open-source...

Top 10 NFT Marketplaces to Look Out For and Why

How numerous NFT marketplaces make hunting for digital collectibles...

The Ultimate Guide to NFT for Dummies [2022 Guide]

NFTs are collectible items that can represent digital content,...

Everything You Need to Know About Bitcoin Ordinal NFTs

Bitcoin Ordinal NFTs are experiencing a significant surge in...