Game Informer

Activision Blizzard Shareholders Vote To Keep Bobby Kotick On Board Of Directors For Another Year

0
<p><img src=”https://s3.amazonaws.com/prod-media.gameinformer.com/styles/body_default/s3/2019/02/08/1da232e4/activisionblizzard.jpg” width=”800″ height=”560″ alt=”” typeof=”foaf:Image” class=”image-style-body-default” /></p>

<p>Despite being heavily criticized for his role in Activision Blizzard’s ongoing employee <a href=”https://www.gameinformer.com/2021/07/22/lawsuit-document-against-activision-blizzard-details-a-long-history-of-harassment-and” target=”_blank”>sexual abuse scandal</a>, CEO Bobby Kotick will remain on the company’s board of directors for another year.</p>

<p style=”margin-top:16px; margin-bottom:16px”>The publisher held its annual meeting of stockholders, who voted on five proposals, such as its&nbsp;list of ten directors, including Kotick, to serve one-year terms. The <a href=”https://investor.activision.com/node/35446/html”>document</a> detailing the results shows that an overwhelming 533,703,580&nbsp;investors voted in Kotick’s favor against&nbsp;62,597,199 who voted against him.&nbsp;2,162,178&nbsp;shareholders abstained from voting.</p>

<p style=”margin-top:16px; margin-bottom:16px”>The result means that Kotick retains his spot until Activision’s 2023 stockholder meeting next June. The development comes after Kotick spent the last year under fire for reportedly <a href=”https://www.gameinformer.com/2021/11/16/report-bobby-kotick-knew-of-activision-blizzards-history-of-sexual-misconduct-employees”>hiding details of the company’s abuse problems</a> from shareholders, which caused some employees and investors to <a href=”https://www.gameinformer.com/2021/11/22/bobby-kotick-to-consider-resigning-if-workplace-issues-arent-fixed-soon-update”>call for his resignation</a>. Kotick has responded by <a href=”https://www.gameinformer.com/2021/10/28/activision-blizzard-ceo-bobby-kotick-says-hell-receive-minimum-wage-pay-until”>reducing his salary</a> until “transformational gender goals” were met. Activision has since hired new <a href=”https://www.gameinformer.com/2022/04/12/activision-blizzard-appoints-new-chief-diversity-equity-and-inclusion-officer”>chief diversity, equity, and inclusion officer</a>.&nbsp;</p>

<p>Although Kotick remains on Activision’s board, his future as CEO once Microsoft’s acquisition of the company is complete <a href=”https://www.gameinformer.com/2022/04/18/activision-blizzard-says-microsoft-and-bobby-kotick-have-not-discussed-his-post”>remains unknown</a>. The deal isn’t expected to go through until sometime next summer, possibly around the time of the next stockholder meeting. </p>


Notice: Trying to access array offset on value of type bool in /var/www/vhosts/worldgames.gr/httpdocs/wp-content/themes/the-next-mag/inc/libs/tnm_core.php on line 746

Notice: Trying to access array offset on value of type bool in /var/www/vhosts/worldgames.gr/httpdocs/wp-content/themes/the-next-mag/inc/libs/tnm_core.php on line 746

Mini Review: Tekken 2 (PS1) – Broken and Awkward, But Still a Classic Fighter

Previous article

Sony a7 IV earns our ‘Best for stills and video’ recommendation

Next article

You may also like