According to the Wall Street Journal Activision Blizzard CEO Bobby Kotick may consider stepping down if he can't resolve the company's problems (related to sexual harassment lawsuits) quickly enough. Kotick was expected to make the announcement during a meeting with Blizzard Entertainment executives last Friday.
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What's more, the WSJ also reports a separate online meeting, in which Activision executives expressed concerns about the morale of some employees if Kotick were to remain on his currest position. At the meeting, the CEO admitted that he felt "ashamed" that several of the incidents (referenced in the lawsuits) occurred on "his watch," and apologized for the way he tried to remedy growing tensions at the company.
"(...) The second thing I want to say is that anyone who doubts my conviction [Activision Blizzard - ed.] to be the most welcoming and inclusive workplace doesn't really appreciate how important this is to me," said Bobby Kotick in November 16's statement(1:08 in video).
Bobby Kotick has led Activision since 1991. Bloomberg reports that the studio's board of directors is made up of half of CEO's "old" friends and only two women. It seems that Kotick has its full support. So will the CEO manage to restore the company to its former glory or will he finally give up? We will find out soon.