Activision Blizzard CEO accused of ignoring harassment is re-elected to the position

Activision Blizzard CEO accused of ignoring harassment is re-elected to the position
Activision Blizzard CEO accused of ignoring harassment is re-elected to the position

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Robert “Bobby” Kotickcurrent CEO of Activision Blizzard, was re-elected to the position of president despite his involvement in harassment scandals at the company. The decision came from the company’s board of directors, which voted for the executive’s permanence in his position, during a closed meeting for investors, held last Tuesday (21).

Robert
Robert Kotick, CEO of Activision Blizzard (Image: Brochure/Activision Blizzard)

Kotick’s image remains tarnished since Activision Blizzard was sued by the California government in the US for misconduct in the work environment, in July 2021. According to investigations, company employees frequently suffered sexual and moral harassment. The CEO was aware of the accusations, but chose to ignore the situation.

Given the executive’s inaction, both the company’s employees and the shareholders demanded his resignation. Even so, the members of the board of directors of Activision Blizzard Kotick defended. In a letter, the executives highlighted the pay cut and the CEO’s proposed actions to prevent further harassment at the company.

Shareholders ignored external pressure in voting

Despite outside pressure, the board of directors decided to keep Kotick in the job longer. At the investor meeting, the executives disclosed that majority of Activision Blizzard shareholders voted to stay from the CEO — there were 533 million votes in favor and 63 million votes against.

Activision Blizzard recently conducted its own investigation and concluded that no company executive, including Kotick, would have ignored the allegations of harassment.

With the re-election, Kotick will remain in the position of CEO for one more year, until June 2023. In the same period of next year, the acquisition of the company by Microsoft should be completed, and phil spencer may, finally, take over as president of Activision Blizzard.

With information: Digital Trends, TechRaptor, Rock Paper Shotgun.

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