roun90 Posted November 17, 2021 Report Share Posted November 17, 2021 You guys already know about the S8x Scandal that raged though Activision-Blizzard (Mainly Blizzard) some months ago. Well, further news has come in - this time implicating Activision, all the way to the top- 1) CEO Bobby Kotick knew all about the sexual harassment cases in the company for years, but he hid it from the Shareholders/Board of Directors From Source: Call of Duty gamemaker Activision Blizzard CEO knew of harassment complaints long before workplace turmoil erupted at the video game giant, the Wall Street Journal reported Tuesday. Activision chief Bobby Kotick has for years been looped into reports of abuses that included an allegation of rape, but did not share all that he knew with the board of directors, according to the report. A spokesperson responding to an AFP inquiry said the Journal story presented a "misleading" view of the company and its chief executive. "Instances of sexual misconduct that were brought to his attention were acted upon," the spokesperson told AFP. Source: https://tech.hindustantimes.com/gaming/news/call-of-duty-gamemaker-activision-blizzard-ceo-knew-of-abuse-complaints-report-71637112850192.html https://www.wsj.com/articles/activision-videogames-bobby-kotick-sexual-misconduct-allegations-11637075680 2) Jen ONeal, the lady who was appointed co-head of Blizzard after J Allen Brack's departure (Due to the sexual harrassment), resigned due to being paid less than her male co-worker (with whom she shared position as head of Blizzard) 3) Activision-Blizzard workers are staging a walk-out, demanding Bobby Kotick's resignation From Source: Activision Blizzard Inc. employees said they will walk out Tuesday and press Chief Executive Officer Bobby Kotick to step down, following a report that he was aware for years of sexual misconduct claims at one of the biggest U.S. video game publishers and that he has been accused of mistreatment by several women. “We will not be silenced until Bobby Kotick has been replaced as CEO, and continue to hold our original demand for Third-Party review by an employee-chosen source,” the ABK Workers Alliance said in a tweet. The Wall Street Journal published a story Tuesday detailing allegations of rape at one of Activision’s studios and said Kotick had been informed of the alleged incidents, which occurred in 2016 and 2017, as well as an out-of-court settlement, and failed to report them to the board. The newspaper cites interviews, company emails, regulatory requests and other internal documents that informed its reporting that Kotick knew about employee misconduct in many parts of the company. It reports on settlements, including in cases where Kotick himself is accused of mistreatment. Source and Full story: https://finance.yahoo.com/news/activision-plummets-report-ceo-knew-163518641.html Welp! This drama is keeping on taking new turns. How can a company get into such a mess? What kind of special stupidity is required to pay the female head you appointed less for the same work - that too while in the middle of a sexual harassment case lol. Quote Link to comment Share on other sites More sharing options...
CarbonCore Posted November 17, 2021 Report Share Posted November 17, 2021 Kotick will be thrown out by the shareholders Quote Link to comment Share on other sites More sharing options...
KnackChap Posted November 17, 2021 Report Share Posted November 17, 2021 Follow-up to the above tweet. Quote Link to comment Share on other sites More sharing options...
Guest Posted November 17, 2021 Report Share Posted November 17, 2021 1 hour ago, roun90 said: How can a company get into such a mess? What kind of special stupidity is required to pay the female head you appointed less for the same work - that too while in the middle of a sexual harassment case lol. It's not surprising though. Lots of big companies have this kind of shite going on and more towards female workers. People are just afraid to come out and talk about their employer/company and rather live in fear sealed lips and do their work while getting harassed. Quote The article also describes a 2007 party Oneal attended, along with Kotick, in which “scantily clad women danced on stripper poles,” while a DJ “encouraged female attendees to drink more so the men would have a better time.” Probably every party back then. People didn't have the means to easily speak out. Now thanks to social media more and more stuff comes out. Quote Link to comment Share on other sites More sharing options...
KnackChap Posted November 17, 2021 Report Share Posted November 17, 2021 Well done Jimbo.?? Quote Link to comment Share on other sites More sharing options...
Swunkjyn Posted November 17, 2021 Report Share Posted November 17, 2021 (edited) I hope if this can in someway help in reducing the sky-rocket prices of Call of Duty games. Edited November 17, 2021 by Swunkjyn Quote Link to comment Share on other sites More sharing options...
AnK Posted November 17, 2021 Report Share Posted November 17, 2021 Last Activision game I purchased was Destiny 2,right before it went independent. No interest in their crappy rinse repeat COD series whatsoever. Quote Link to comment Share on other sites More sharing options...
Mysteryman Posted November 19, 2021 Report Share Posted November 19, 2021 (edited) Amazed that Kotick has been CEO of Activision for 30 years meaning he was only 28 years old when he took on that role. Wonder why he is staying on. His fortune should last for many lifetimes. Edited November 19, 2021 by Mysteryman Quote Link to comment Share on other sites More sharing options...
Guest Posted November 19, 2021 Report Share Posted November 19, 2021 Back then Activision was almost-bankrupt. Kotick brought it back to life and completely changed the game. Quote Wonder why he is staying on. His fortune should last for many lifetimes. After a certain point, people love power over money since they have enough money for multiple lifetimes but power? There is always more room for that. Quote Link to comment Share on other sites More sharing options...
Mysteryman Posted November 19, 2021 Report Share Posted November 19, 2021 2 minutes ago, Joe Cool said: Back then Activision was almost-bankrupt. Kotick brought it back to life and completely changed the game. After a certain point, people love power over money since they have enough money for multiple lifetimes but power? There is always more room for that. Yeah, if it is a family owned business like Trump, then they would stay on as they own most of the shares. But this is different, this is publicly owned. By logic, Shareholders and BOD should have forced him out. The history of CEOs who weather out this kind of storm must be rare. Quote Link to comment Share on other sites More sharing options...
roun90 Posted November 19, 2021 Author Report Share Posted November 19, 2021 (edited) 16 minutes ago, Mysteryman said: Yeah, if it is a family owned business like Trump, then they would stay on as they own most of the shares. But this is different, this is publicly owned. By logic, Shareholders and BOD should have forced him out. The history of CEOs who weather out this kind of storm must be rare. From what I heard - most of the Board are his buddies, and he and his buddies have a decent enough amount of "shares" to influence opinion. Of course, they are not the largest shareholders - but the actual biggest shareholders are investment companies - those who manage mutual funds etc. on behalf of small time investors. I don't think they are interested in "running" the business. Rather, they will just sell their stock and re-invest in some other firms. Activision share prices have been going down, so I think they are selling anyway. These guys most likely live in their own la-la-land. As I said elsewhere, the best way to change the company is for people to stop buying Activision games altogether (including CoD), so they start having to dip into their reserves or face being unable to repay their loans, or for all platform owners to black-list them and not allow for Activision releases in their systems. Both of which, I don't see ever happening. Edited November 19, 2021 by roun90 1 Quote Link to comment Share on other sites More sharing options...
dylanjosh Posted November 19, 2021 Report Share Posted November 19, 2021 I wouldn't be surprised if kotick has some dirt over the others Quote Link to comment Share on other sites More sharing options...
KnackChap Posted November 19, 2021 Report Share Posted November 19, 2021 1 hour ago, Mysteryman said: Yeah, if it is a family owned business like Trump, then they would stay on as they own most of the shares. But this is different, this is publicly owned. By logic, Shareholders and BOD should have forced him out. The history of CEOs who weather out this kind of storm must be rare. From a shareholders pov, he's taken Activision from an almost bankrupt company to one of the biggest publishers. If he's consistently delivered them the money then why should/would they care unless it completely FUBAR's the company's image. Quote Link to comment Share on other sites More sharing options...
Mysteryman Posted November 19, 2021 Report Share Posted November 19, 2021 2 hours ago, KnackChap said: From a shareholders pov, he's taken Activision from an almost bankrupt company to one of the biggest publishers. If he's consistently delivered them the money then why should/would they care unless it completely FUBAR's the company's image. It is very much a FUBAR situation - stocks falling, 1000 employees walkout, senior departures, reprimand from Sony/Xbox boss and criticism from acclaimed news. Only one person I am aware of survive worse than that is Trump. Most hated US President yet he serves full term in office. Quote Link to comment Share on other sites More sharing options...
AnK Posted November 19, 2021 Report Share Posted November 19, 2021 He himself owns a lot of shares. What exactly I don’t know but he’s not letting anyone bulldoze him apparently. Quote Link to comment Share on other sites More sharing options...
Guest Posted November 19, 2021 Report Share Posted November 19, 2021 He owns 0.5% of Activision shares. Activision is 85% institutional. Quote Link to comment Share on other sites More sharing options...
Guest Posted November 19, 2021 Report Share Posted November 19, 2021 Petition for the removal of Bobby Kotick - 1337 signatures Quote 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. Quote Link to comment Share on other sites More sharing options...
RV1709 Posted November 21, 2021 Report Share Posted November 21, 2021 https://kotaku.com/report-activision-took-years-to-fire-someone-who-signe-1848094825 Report: Activision Took Years To Fire Someone Who Signed Emails '1-800-ALLCOCK' (things get worse for Acti) Quote Link to comment Share on other sites More sharing options...
Guest Posted November 22, 2021 Report Share Posted November 22, 2021 Quote Link to comment Share on other sites More sharing options...
rushab oswal Posted November 22, 2021 Report Share Posted November 22, 2021 59 minutes ago, Joe Cool said: He's saying he will leave if he cant fix himself. Well ok Quote Link to comment Share on other sites More sharing options...
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