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Beleaguered Activision Blizzard CEO to step down from Coke’s board

Beleaguered Activision Blizzard CEO to step down from Coke’s board

SANTA MONICA (BLOOMBERG) – Online game writer Activision Blizzard chief govt Bobby Kotick stated he won’t stand for re-election to the Coca-Cola board.

Mr Kotick stated in an announcement final Friday (March 4) that he’s stepping down from the board after 10 years to focus his full consideration on Activision’s pending acquisition by Microsoft. That deal, valued at virtually US$70 billion (S$95 billion), is predicted to shut subsequent 12 months.

Mr Kotick’s lengthy tenure on the helm of the online game firm has been marked by worker complaints of sexism, a hostile work tradition and mismanagement of assault claims.

He got here underneath strain to resign final fall after reviews that he did not make the Activision board conscious of allegations of rape and different critical misconduct.

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