Shareholders, who hold 275 million € to Activision Blizzard, demand resignation of CEO KOTICK

Original text too short.

After a report was published yesterday, which triggered a lot of criticism of Bobby Kick (58) and even a strike in the company, a group of shareholders of Activision Blizzard (WOW; Call of Duty) has now reported to the CEO Challenge to withdraw from his item.

Who calls for that? It is a group of shareholders, including the Strategic Organizing Center (SOC) Investment Group. Their spokesman is Dieter Wiazegger, who expresses itself in an interview with the Washington Post to the wishes of his group.

The SOC sees itself as a group that advocates managers and companies for irresponsible and unethical behavior. You have sent a letter to the Executive Board of Activision Blizzard.

The group of shareholders represents 4.8 million shares in Activision Blizzard. This corresponds to about 275.5 million euros. Half a year ago, there were still a few million more, because the share of Activision Blizzard has fallen by almost 26% over the past 6 months.

The 4.8 million shares but only make a small proportion of Activision Blizzard, totaling about 779 million shares, companies like BlackRock (58 million) or Vanguard (64 million) keep much larger pieces on the software giant, as the Washington Post White.

Current guidance at Activision Blizzard has repeatedly failed

The group wants the group: The group calls for the resignation of Bobby Kick as CEO of Activision Blizzard. In addition, they demand retirement of two long-mentioned board members, Brian Kelly (since 95 at the Executive Board) and Robert Morgan (since 97).

The board had publicly expressed his support for Kick on Tuesday after the article of Wall Street Journals. You should retire as of December 31st. The two are the members of the Executive Board, which are the longest.

The group says: If the 3 does not resign, you will vote in June 2022 at the next meeting of shareholders against re-election of the Executive Board and other shareholders call for no.

Activision Blizzard is said to occupy the posts of Kelly and Morgan then divers, one wishes at least one employee or an employee of Activision Blizzard on the board, which is not belonging to the absolute guidance.

Most recently, it became known that 3 women at Activision Blizzard had left the company 2021 in leadership roles. Among them was Jen Oneal, the new boss of Blizzard: She said she had earned less money in her position than her male co-boss.

Waizenegger says: It is clear that the current leadership of Activision Blizzard has repeatedly failed to ensure a secure workplace — that is a basic requirement of your job.

Activision Blizzard needs a new CEO and new members in the Executive Board with the necessary expertise, skills and conviction to change the company.

Our editor-in-chief dealt with the situation of Bobby Kick:

When Bobby Kick is not going now, Activision Blizzard will lose more talents