Retire, Bobby.
Click image for larger version

Name:	Kotick.jpg
Views:	1063
Size:	58.5 KB
ID:	3514677

During a meeting with other senior managers and executives at Activision Blizzard, CEO Bobby Kotick said that he would consider leaving the company if he is unable to fix the issues that he helped to create. Kotick did seem to stop just short of saying that he would step down in the meeting that took place this past Friday. He merely left the door cracked open a bit if the issues weren't fixed "with speed."

This report comes from The Wall Street Journal who has sources that are "familiar with his comments" made during the meeting. Kotick's statements suggesting that he is considering leaving come after several employees and investors called for his resignation following the recent Wall Street Journal investigation into Kotick's mishandling of several sexual misconduct allegations within the company.

Since that initial November 16th report by The Wall Street Journal, stock prices for Activision Blizzard have fallen fairly significantly. The WSJ report says that Kotick knew of several sexual misconduct allegations within the company, including reports of rape, and did not report those incidents to the Activision Blizzard board of directors. Kotick also reportedly threatened, via a voice mail, to have an assistant killed.

Kotick responded to the report by claiming he has been transparent with the board. A statement released by Activision says that Kotick would not have been informed of ever report of misconduct within the company that he runs. A spokesperson for Activision says that Bobby Kotick "regrets the alleged incident with his assistant."

As of Sunday, over 1,700 employees (roughly 17% of Activision's entire workforce) signed a petition calling for Bobby Kotick to step down as CEO. Some workers also staged a walkout on November 16.

At an online meeting Friday, top executives of Activision Publishing relayed to Mr. Kotick that some employees wouldn’t be satisfied unless he resigned, according to those people.

Mr. Kotick said he was ashamed of some of the incidents that had happened on his watch and apologized for how he has handled the unfolding problems, they said.
There were also several online meetings over the past week between employees and executives and human-resources managers. According to some of the people in attendance, employees asked if the newly announced zero-tolerance policy for harassment applied to Kotick's past behavior that was reported on by the WSJ. Others simply asked if Kotick was going to resign. The people running those meetings said they did not have answers to those questions and merely reiterated the company's new push to have a "welcoming and inclusive workplace."

As the push for Kotick's resignation gathers steam, so too does the blowback from the entire industry. Girls Who Code, a nonprofit that promotes female participation in technology focused careers, has ended a three-year partnership with Activision. PlayStation CEO Jim Ryan says he was "stunned" at the situation at Activision Blizzard. Head of Xbox Phil Spencer says that Microsoft is evaluating their relationship with Activision Blizzard in light of the new reports.