Activision Blizzard CEO Bobby Kotick Asks Board To Reduce His Salary And Cut Bonuses Amid Lawsuits

Just days after a judge rejected Activision Blizzard's petition to pause California's lawsuit, the video game company has announced a series of changes it's making to help improve its corporate culture amid ongoing lawsuits related to sexual harassment and discrimination. Additionally, CEO Bobby Kotick said he is asking the board to cut his salary to the lowest level possible for someone in California and to remove all of his bonuses. On top of that, Activision Blizzard is waiving mandatory arbitration, which is something the workers' advocacy group had been asking for.

In a news release, Kotick acknowledged Activision Blizzard's shortcomings, saying, "The guardrails weren't in place everywhere to ensure that our values were being upheld."

"In some cases, people didn’t consistently feel comfortable reporting concerns, or their concerns weren't always addressed promptly or properly. People were deeply let down and, for that, I am truly sorry," he said. "Being welcoming and inclusive, in the context of our workplace, is crystal clear. We will still passionately debate ideas, employ healthy skepticism when appropriate, and demand excellence and rigor in all of our pursuits--but we will always treat each other with dignity and respect. And regardless of differences, voices will be heard, perspectives welcomed, and contributions valued."

Continue Reading at GameSpot
Filed under: Video Games

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