Stock Groups

Activision Blizzard board backs CEO amid misconduct allegations at company -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO Bobby Kotick is the chief executive officer at Activision Blizzard. He attends an Allen and Co. Sun Valley conference, Sun Valley, Idaho (USA), July 10, 2019. REUTERS/Brendan McDermid

(Reuters] – Activision Blizzard NASDAQ:’s Board backed Chief Executive Officer Bobby Kotick following Tuesday’s revelation that the boss of the videogame maker knew of allegations regarding sexual misconduct.

In a statement, the directors stated that “The board is confident Bobby Kotick addressed appropriate workplace issues raised to his attention”.

The Wall Street Journal reports that Kotick failed to inform its board regarding the misconduct or out-of-court settlement made with an employee.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]