Bobby Kotick, CEO of Activision Blizzard, was successfully re-elected to the company’s board of directors for another year. The decision was taken from the company’s annual shareholder meeting on June 21, the results of which you can read in full. right here.
Activision Blizzard has been embroiled in numerous allegations regarding misconduct at work happens in the company. Blizzard President J. Allen Brack, who was specifically named in the original lawsuitresigned less than two weeks after those initial allegations in July 2021. In November, more than 1300 Activision Blizzard signed a petition asking Kotick to resign. Most recently, the company’s board of directors concluded that there was “no evidence” of any reports of co-worker harassment tolerated by company management.
Other companies, including Nintendo, Sony and Microsoft – are is in the process of acquiring publisher Call of Duty for $68.7 billion – yes expressed concern through repeated reports of misconduct. Activision Blizzard has been sued by many lawsuits most recently in March 2022highlighted that 700 cases of sexual harassment and discrimination were reported in the company’s so-called “twin” environment.
Kotick has previously stated that he would be willing to quit if the ongoing issues cannot be resolved. “With speed”. Earlier this year the company achieved a settlement of 18 million dollars for one of the actions it faces. Recommended reports that Kotick could leave the company once the deal with Microsoft is finalized. It seems the management at Activision Blizzard is pleased with Kotick’s performance and handling of recent scandals.
Another detail is in report on a recent board vote included the rejection of “the shareholder’s proposal to nominate a director to represent the employees.”
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