Bobby Kotick, CEO of Activision Blizzard, has been successfully re-elected to the company’s board of directors for another year. The decision was made as a result of the company’s annual meeting of shareholders on June 21, the outcome of which can be read in full here.
Activision Blizzard has been embroiled in numerous complaints related to alleged workplace misconduct within the company. Blizzard president J. Allen Brack, who was specifically named in the initial lawsuit, resigned less than two weeks after those initial allegations in July 2021. In November, more than 1,300 Activision Blizzards signed a petition demanding Kotick’s resignation. . More recently, the company’s board of directors concluded that there was “no evidence” that company management tolerated any reported harassment of colleagues.
Other companies, including Nintendo, Sony and Microsoft, which is in the process of acquiring the Call of Duty publisher for $68.7 billion, have raised concerns about ongoing reports of misconduct. Activision Blizzard has been hit by multiple lawsuits in March 2022, highlighting that 700 incidents of sexual harassment and discrimination have been reported within the company’s so-called “brotherhood” environment.
Kotick has previously stated that he would be willing to resign if the current issues cannot be resolved “quickly”. Earlier this year, the company reached an $18 million settlement for one of the actions it faced. Reports suggested that Kotick could leave the company once the deal with Microsoft ends. It appears that Activision Blizzard’s board of directors is pleased with Kotick’s performance and handling of the recent scandals.
Another detail included in the report on recent board votes includes the rejection of a “shareholder proposal on the appointment of a director representing the workers.”
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