Activision Blizzard CEO Bobby Kotick retains board seat amid sexual harassment allegations

IT House June 25 news, according to the latest vote of the shareholders meeting,Activision Blizzard CEO Bobby Kotick will remain on the company’s board of directors.

At Activision Blizzard’s annual shareholder meeting, investors voted on several proposals and who will be on the company’s board next year, according to Engadget. A total of 533,703,580 shareholders voted for Kotick to remain on the board, while 62,597,199 shareholders voted against. That means Kotick can remain on the board until the next vote in 2023.

IT House has learned that Bobby Kotick was previously accused of knowing about sexual misconduct at the company for years. Moreover, he himself has a history of sexual harassment and abuse. The New York City Employees Retirement System also sued Kotick, saying he was unfit to negotiate the company’s upcoming sale to Microsoft.

Additionally, in November, more than 1,000 Activision Blizzard employees and contractors signed and released a petition calling for Bobby Kotick to be removed from the company.

In April, Activision Blizzard named a new chief diversity, equity and inclusion officer to help the company have a more inclusive workplace.

According to the latest reports, while most shareholders opted to keep Kotick on the board,But they also approved a plan to issue an annual public report. The report details how Activision handles any sexual harassment and gender discrimination disputes. The report must also detail how the company prevented these incidents and what it is doing to reduce the time it takes to resolve them.