Image: Activision Blizzard
Bobby Kotick, CEO of Activision Blizzard, has been successfully re-elected to the company’s board for another year. The decision was made following the company’s annual shareholders’ meeting on June 21, the results of which can be read in full here.
Activision Blizzard has been embroiled in numerous lawsuits alleging misconduct in the company. Blizzard President J. Allen Brack, who was specifically appointed to the initial lawsuit, resigned less than two weeks after those initial allegations in July 2021. In November, more than 1,300 Activision Blizzard employees signed a petition calling for Kotick’s resignation. More recently, the company’s board of directors concluded that “there was no evidence” of any harassment of colleagues that was tolerated by the company’s management.
Other companies, including Nintendo, Sony and Microsoft, which is in the process of acquiring the $ 68.7 billion Call of Duty publisher, have expressed concern about ongoing misconduct reports. Activision Blizzard has been plagued by multiple lawsuits as of March 2022, noting that there have been 700 reported incidents of sexual harassment and discrimination within the company’s so-called “frat-boy” environment.
Kotick has previously stated that he would be open to resign if ongoing issues could not be resolved “quickly”. Earlier this year, the company reached a settlement of $ 18 million for one of the shares it was facing. Reports suggest that Kotick may leave the company once the Microsoft agreement is finalized. Activision Blizzard’s board of directors appears to be pleased with Kotick’s performance and handling of recent scandals.
Another detail included in the report on the recent votes of the board of directors includes the rejection of a “shareholders’ proposal on the appointment of a director representing the workers.”
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