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A small group of Activision Blizzard shareholders sent Letter The board called for the resignations of two directors and CEO Bobby Kotick, who has been accused of failing to address serious employee misconduct despite knowing about it, a day after a bombshell report. wall street journal And the employees staged a walkout demanding Kotik’s removal from the post.

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Shareholders in total 4.8 million shares, ns Post previously reported that, which accounts for just 0.6% of Activision’s total shares, but their letter gave additional importance to the employees’ calls. to resign,

shareholder also demanded Brian Kelly, chairman of the company’s board of directors, and Robert Morgado, the company’s principal independent director since 1997, will retire by the end of next month.

The Strategic Organizing Center Investment Group, which owns 3.8 million shares of Activision, led Jay.oat letter, which was also signed by NEI Investments, Future Super, Shareholders Association for Research and Education and Verve Super.

A public relations officer at Vanguard, along with one of the top institutional shareholders in the company 64 million shares, and a media relations officer for SSGA Fund Management, which holds approximately 36 million shares, told Businesshala They do not comment on individual companies or holdings.

BlackRock, which holds some 58 million shares, Public Investment Fund, which is Saudi Arabia’s sovereign wealth fund and holds more than 37 million shares, and Activision did not immediately respond. Businesshala‘Request for comment.


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