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Activision Blizzard Shareholders Push Back “The Changes Announced Do Not Go Nearly Far Enough”

More push back against the Activision Blizzard today as one of their shareholders released a letter saying “While we appreciate the improved tone and increased detail in CEO Kotick’s recent letter to Activision Blizzard employees, customers, and shareholders, the changes Mr. Kotick has announced do not go nearly far enough to
address the deep and widespread issues with equity, inclusion, and human capital management at the company.”

The letter goes on to suggest what changes ought to be made after directly pointing to changes that have yet to be made, like announcing a plan to balance out executive pay and equity across the company, and once more pointed out that the choice of Wilmer Hale as a firm to investigate the allegations of harassment is a poor choice since they have no real history of actually uncovering wrong-doing, only protecting those in power.

The changes that are called for are to diversify their board of directors with a female appointed director, claw back bonuses for executives and undertake in a company wide equity review that encompasses the full range of concerns already made clear by employees.

Source – [The Verge]