Activision Blizzard shareholders vote in favor of public report on office discrimination
On: June 22, 2022
Image through Activision Blizzard
Activision Blizzard held its annual assembly as we speak, giving shareholders the chance to vote on varied points. Naturally, a major theme within the assembly was the continuing controversy surrounding the corporate’s poisonous office and the failures of management in addressing it. Shareholders had the prospect to approve the election of Activision Blizzard’s new board of administrators and to vote on whether or not to approve the manager compensation packages. Perhaps most curiously, they may additionally vote on whether or not to behave on a proposal from the New York State Comptroller to publish a public report on the corporate’s efforts to fight discrimination and harassment in its office.
This latter vote really handed, as reported by The Washington Post’s Shannon Liao. The proposal will imply that Activision Blizzard might want to share “compensation data, the company’s total number of sexual harassment settlements, its progress around more quickly resolving harassment and abuse complaints, and total pending complaints,” and probably extra. It’s a shocking move from an organization that simply final week launched the outcomes of an inner investigation that, conveniently, discovered no fault with the response of senior executives to the allegations of harassment and discrimination inside the firm.
For most of the points at stake, although, the response was as anticipated for these with a literal vested curiosity within the firm. The board of administrators was authorized, regardless of the efforts of SOC Investment Group which had inspired shareholders to not re-elect prime firm executives like Bobby Kotick, Brian Kelly, and Robert Morgado. Similarly, the compensation packages have been voted by means of with 88% voting in favor. A proposal so as to add an worker consultant to the board — one thing endorsed by recently-unionized Raven Software staff — was totally canned, with simply 5% of the vote, and the assembly ended after round twenty minutes.
