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

Despite being heavily criticized for his role in Activision Blizzard’s ongoing employee sex abuse scandal, CEO Bobby Kotick will remain on the company’s board for another year.

The publisher held its annual shareholders’ meeting, which voted on five proposals, including the list of ten directors, including Kotick, for a one-year term. That document Detailing the results shows that over 533 million investors voted for Kotick, while 62.5 million voted against him. Two million shareholders abstained.

The result means Kotick will retain his seat until Activision’s 2023 shareholder meeting next June. The development comes after Kotick was reportedly under fire for the past year Hide details of the company’s abuse problems from shareholders, which prompted some employees and investors to do so demand his resignation. Kotick replied reduction in his salary until “transformational gender goals” were achieved. Activision has since hired new employees Chief Diversity, Equity, and Inclusion Officer.

Though Kotick remains on Activision’s board of directors, his future as CEO is once Microsoft’s acquisition of the company is complete remains unknown. The deal is not expected to close until sometime next summer, possibly around the time of the next shareholders’ meeting.

https://www.gameinformer.com/2022/06/23/activision-blizzard-shareholders-vote-to-keep-bobby-kotick-on-board-of-directors-for Activision Blizzard Shareholders Vote To Keep Bobby Kotick On Board Of Directors For Another Year

Sarah Ridley

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