The Veteran Executive Director of Activision Blizzard continues to harvest criticism at the internal level by the disastrous management of the complaint of sexual harassment in the company. Thus, today we have known a petition signed by more than 1,300 employees, more than 10% of the companys human capital, demanding the resignation of Bobby Kick after losing all kinds of confidence to deal with the Current challenges.
It is not an anonymous letter, but a document with names and surnames where different workers of Activision, Blizzard and King support a brief statement claiming the departure of the CEO and, point, its non-participation in the process of selection of a new executive director. Employees remember that Kick has a substantial part of the Voting Rights of Shareholders.
Bobby Kick faces the greatest leadership crisis on his near 30 years of mandate, where he is not only being a complaint between employees or opinion articles against his management, but also of PlayStation and Xbox pressures, very concerned about the way you act from the CEO that, according to Bloomberg information, in the case of Microsoft, would be a change in its relationships.
PlayStation and Xbox ask for changes in Activision Blizzard Also an important group of shareholders has begun to be mobilized to cause the cessation or resignation of Bobby Kick, as well as other executive veterans, due to their inoperative of the aforementioned complaints. However, at the moment the Board of Activision Blizzard closed ranks around its executive director this week, in a movement that seems to make it clear that you still have several months in office.
In the stock market, Activision Blizzard accumulates a drop of 19% in the last month. All this growing pressure on Bobby Kick started in summer after going to light an accusation about the company to promote a hostile culture with women, with harassment and dismissals from which now, according to a Bloomberg report, the Executive Director of the Company was convenient for several years.