sexual abuse scandal
Despite being heavily criticized for his role in Activision Blizzard’s ongoing employee sexual abuse scandal , CEO Bobby Kotick will remain on the company’s board of directors for another year.
The publisher held its annual meeting of stockholders, who voted on five proposals, such as its list of ten directors, including Kotick, to serve one-year terms. The
detailing the results shows that over 533 million investors voted in Kotick’s favor against 62.5 million who voted against him. Two million shareholders abstained from voting.
The result means that Kotick retains his spot until Activision’s 2023 stockholder meeting next June. The result comes after Kotick spent the last year under fire for reportedly
hiding details of the company’s abuse problems
from shareholders, which caused some employees and investors to
call for his resignation
. Kotick has responded by
reducing his salary
until “transformational gender goals” were met. Activision has since hired new
chief diversity, equity, and inclusion officer
Although Kotick remains on Activision’s board, his future as CEO once Microsoft’s acquisition of the company is complete
. The deal isn’t expected to go through until sometime next summer, possibly around the time of the next stockholder meeting.