Earlier this week, we reported that around 200 Activision Blizzard employees staged a walkout to demand the resignation of CEO Bobby Kotick. This protest came in response to a Wall Street Journal article alleging that Kotick covered up sexual misconduct at his company for years, among other things. It was just the latest of many reports detailing a toxic work environment where women were frequently harassed and discriminated against. Kotick called the report(s) misleading and refused to step down, and the board of directors has backed him thus far. In response, over 1,000 Activision Blizzard employees and contractors have signed a petition for Bobby Kotick to resign.
Activision Blizzard employees petition Bobby Kotick to resign
The petition is brief and to the point, and you can read it below:
We, the undersigned, no longer have confidence in the leadership of Bobby Kotick as the CEO of Activision Blizzard. The information that has come to light about his behaviors and practices in the running of our companies runs counter to the culture and integrity we require of our leadership–and directly conflicts with the initiatives started by our peers. We ask that Bobby Kotick remove himself as CEO of Activision Blizzard, and that shareholders be allowed to select the new CEO without the input of Bobby, who we are aware owns a substantial portion of the voting rights of the shareholders.
In addition to calling for Bobby Kotick to resign from Activision Blizzard, these employees want to make sure he’s not the one picking his successor. Kotick has around 4 million shares of stock in the company and has been at its helm for decades, giving him considerable power. The petitioning employees want to make sure that he doesn’t use it to prevent meaningful change even after a potential resignation.