Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2022-06-24 10:23:14| Engadget

Bobby Kotick will get to keep his seat on Activision Blizzard's board of directors despite catching flak over the alleged role he played in creating the company's toxic workplace culture. At the video game developers' annual meeting of stockholders, investors voted on several proposals, as well as who gets to be on the company's board of directors over the next year. A total of 533,703,580 shareholders have voted to keep Kotick on the board, while on 62,597,199 have voted against it. As GameInformer notes, that means he gets to keep his seat until the next meeting in 2023. Activision Blizzard employees walked out of their jobs last year and called for Kotick's resignation after The Wall Street Journal reported that the CEO knew about the worst instances of abuse in the company and even protected the employees accused of harassment. If you'll recall, California's Department of Fair Employment and Housing sued the publisher in July 2021 for allegedly fostering a "frat boy" culture. The California agency investigated the company over the course of two years and found that women working for Activision Blizzard were paid less than their male counterparts and were subjected to constant sexual harassment. More recently, the New York City Employees' Retirement System sued Kotick, calling him unfit to negotiate the company's pending sale to Microsoft due to his "personal responsibility and liability for Activision's broken workplace." NYC's retirement system represents the city's police, teachers and firefighters and owns Activision Blizzard stock. The company named a new chief diversity, equity and inclusion officer in April to help the company have a more inclusive workplace. In response, a group of employees aiming to protect workers from discrimination formed a committee to outline a list of demands for Kotick and the new chief diversity officer. While majority of the shareholders have chosen to keep Kotick on the board, they also approved a plan to release an annual public report detailing how Activision handles any sexual harassment and gender discrimination dispute. The report must also detail how the company is preventing these incidents from happening and what it's doing to reduce the length of time it takes to resolve them. 


Category: Marketing and Advertising

 

Latest from this category

23.12New marketplace sells synthetic drugs for AI, allowing models to get weird and messy
23.12IO Interactive's 007 First Light has been delayed until May 27
23.12Engadget Podcast: Why is the Nex Playground 'AI console' such a hit?
23.12Xbox cloud gaming comes to newer Amazon Fire TV models
23.12New York Times reporter files lawsuit against AI companies
23.12Apple's iOS 26.3 will introduce proximity pairing to third-party devices in the EU
23.122025 was the year Xbox died
23.12The Morning After: The best games of 2025
Marketing and Advertising »

All news

23.12In a world of AI, the smartest leaders lead with heart
23.12Why leaders should encourage disagreement
23.12Tomorrow's Earnings/Economic Releases of Note; Market Movers
23.12Bull Radar
23.12Bear Radar
23.12Stocks Modestly Higher into Final Hour on US Economic Data, Stable Long-Term Rates, Earnings Outlook Optimism, Tech/Commodity Sector Strength
23.12New marketplace sells synthetic drugs for AI, allowing models to get weird and messy
23.12IO Interactive's 007 First Light has been delayed until May 27
More »
Privacy policy . Copyright . Contact form .