Game Informer

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

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<p>Despite being heavily criticized for his role in Activision Blizzard’s ongoing employee <a href=”” 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=””>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=””>hiding details of the company’s abuse problems</a> from shareholders, which caused some employees and investors to <a href=””>call for his resignation</a>. Kotick has responded by <a href=””>reducing his salary</a> until “transformational gender goals” were met. Activision has since hired new <a href=””>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=””>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>

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