Bobby Kotick’s future as CEO of Activision Blizzard is more uncertain than ever, as he is in everyone’s sights due to the harassment and discrimination scandals that came to light in recent months.
In the midst of the controversy, Kotick was willing to cooperate in the various investigations into the case. In addition, he announced measures to make the company a better workplace and even cut wages.
However, in the last few hours, reports have emerged that ensure that the manager was aware of all the existing problems within the company. Despite denying the allegations, now a group of shareholders are demanding the resignation of Kotick as CEO of Activision Blizzard.
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Activision Blizzard shareholders demand resignation from Kotick and other executives
Bobby Kotick’s days in front of Activision Blizzard could soon end, as it is not only the company’s employees who demand his resignation. Now, a group of shareholders are also demanding his resignation and that of other studio executives.
According to a report by The Washington Post, a group with 4.8 million shares within Activision Blizzard want Kotick to leave his position due to the recent scandals and the handling of the whole situation, especially since he was aware of the problem that still plagues his staff.
“Unlike previous company statements, CEO Bobby Kotick was aware of many incidents of sexual harassment, sexual assault, and gender discrimination at Activision Blizzard, but did not ensure that the executives and managers responsible were fired or it failed to recognize and resolve the systematic nature of the hostile workplace culture of the company, ”shareholders commented.
The group is also calling for the removal of Brian Kelly and Robert Morgado, senior directors on the board of directors. Retirement is required before December 31 of this year. In the event that the demands are not met, the shareholders will simply not vote on the re-election of the officers at the next annual shareholders meeting, which will be held in June.
“After the new revelations, it is clear that the current leadership repeatedly failed to maintain a safe workplace, a basic function of their job. Activision Blizzard needs a new CEO, Chairman of the Board and Senior Independent Director with the experience, skill set and conviction to truly change the culture of the company, ”concluded the shareholder group.
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