Activision Blizzard Inc. Chief Executive Bobby Kotick has told senior managers he would consider leaving the company if he can't quickly fix the culture problems at the videogame giant, according to people familiar with his comments.
Mr. Kotick, who has led Activision for three decades, stopped short of saying he would step down in a Friday meeting with executives of the company's Blizzard Entertainment unit, but left the possibility open if misconduct issues across the company weren't fixed "with speed," these people said.
Mr Kotick is facing criticism from Activision employees, investors and business partners over how he and the company have handled allegations of sexual misconduct. Some employees and investors have called for him to resign in the wake of a Wall Street Journal investigation into his handling of sexual misconduct allegations and multiple regulatory probes into the company's culture.
Darks wrote on Nov 22, 2021, 13:24:Isn't that usually the moral clause in a contract?
Contracts need to be written up that if there is bad behavior and they are fired or forced to resign they get noyhing. No one should be rewarded for this kind of behavior.
Jivaro wrote on Nov 22, 2021, 16:40:Isn't Ubi privately owned though?
I just think it's interesting that he gets to decide whether he is staying or going. The board, the share holders...they are so addicted to this man's 30 year money making machine that they aren't even asking for his resignation or firing him. Even Papa John didn't get to make that call. Then again, Ubisoft kinda worked the same way...with the changes stopping just short of the top floor.
Jivaro wrote on Nov 22, 2021, 16:40:
I just think it's interesting that he gets to decide whether he is staying or going. The board, the share holders...they are so addicted to this man's 30 year money making machine that they aren't even asking for his resignation or firing him. Even Papa John didn't get to make that call. Then again, Ubisoft kinda worked the same way...with the changes stopping just short of the top floor.
Cram wrote on Nov 22, 2021, 13:02:Kxmode wrote on Nov 22, 2021, 12:55:
He's part of the "culture problems." Firing him would seem like one way to fix things, and if nothing else, it would improve morale.
My understanding is that's probably exactly what he wants (or would want if he's leaving), and someone correct me if I'm wrong, as if he is "fired" he gets a ridiculous payout per his contract. I do not know if that payout applies if he "resigns".
Kxmode wrote on Nov 22, 2021, 12:55:
He's part of the "culture problems." Firing him would seem like one way to fix things, and if nothing else, it would improve morale.