Activision Blizzard In The Storm: Shareholders Demand Bobby Kotick’s Resignation

The situation around Activision Blizzard is becoming more and more lively, after the harassment charges that also involved CEO Bobby Kotick after the Wall Street Journal report. Which is why over 100 Activision protesters protested against Kotick.

For its part, Activision Blizzard’s Bobby Kotick denied the WSJ report, but the situation is getting glowing to the point that some shareholders of the company have also begun to demand the resignation of the CEO. The group, known as Strategic Organization Center, also calls for the retirement of two major executives of the company, board chair Brian Kelly and lead independent director Robert Morgado, by 31 December 2021.

“In contrast to what the company has stated in the past – says the SOC letter – CEO Bobby Kotick was aware of the numerous cases of sexual abuse and discrimination within Activision Blizzard, but failed both in removing the Dieter Waizenegger, director of SOC, in an interview with the Washington Post added: “After the latest revelations it is clear that the current leadership has not been able repeatedly to ensure a safe working environment, a basic element of the Activision Blizzard needs new CEO, board chair and lead independent director, with knowledge, skills and beliefs that can really change the company’s future of work.”

It should be specified that SOC holds only 0.6% of Activision Blizzard’s shares, amounting to 4.8 million. However, in the light of employee protests, it is not entirely to be excluded that the group’s position can lead other shareholders to make their voice heard.

Leave a Reply

Your email address will not be published.

You May Also Like