Activision Blizzard Shareholders Want CEO Bobby Kotick To Resign

Activision’s Blizzard has been going through a lot of controversy as claims of toxic work culture started flooding in. Blizzard, which is primarily known for its largely successful online shooters Overwatch & Call of Duty: Warzone, has been going through a lot of investigations.

Blizzard’s CEO Bobby Kotick has been under a lot of fire. However, a lot of that has to do with his own role in encouraging the “frat boy culture” in the company. Apparently Kotick knew about many of the sexual misconduct claims against the company, and kept them from going public.

The knowledge of Kotick’s attempt at keeping the company free of any controversy let to a protest by many Blizzard employees walking out of the company. That is not the worst news of it all, as the shareholders for the company actually want Kotick to step down as the CEO.

Blizzard’s shareholders, who cumulatively own a total of 5 million shares of the company, wrote to the company’s board of directors. The shareholders demanded in the letter that Bobby Kotick should surrender his position in light of his failure in acting for the company’s favor.

Our company faces an unprecedented workplace crisis of its own making. The time for timidity and silence, if there ever was one, has clearly passed, and it is time for the Activision Blizzard board of directors to step forward or step aside.

The shareholders also criticize the board of directors for still backing Kotick, who hid important information about the company. They continue to argue that it was the withholding of information which allowed the culture of the company to go toxic to an unprecedented degree.

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