Ahead of its annual meeting, Activision Blizzard’s board of directors is telling shareholders to vote against a request allowing for an employee-elected board member and the creation of a report on the company’s continued problems with sexual harassment.
As outlined in the report, an employee representative director would be a member of the board sourced from employees of the company and put forward by a vote from those employees. My understanding is this candidate would still need to be approved by shareholders, but naturally would be much more in-tune with employee desires and needs. The proposer, AFL-CIO Reserve Fund (a union pension fund), points out that in Europe similar positions are required by law.
