Activision Blizzard ends forced arbitration as CEO takes a massive pay cut

Activision Blizzard ends forced arbitration as CEO takes a massive pay cut


Photo by Drew Angerer/Getty Images

Activision Blizzard CEO Bobby Kotick sent a letter updating employees on the further steps he and the company will take to change its image in the wake of multiple sexual harassment and discrimination lawsuits. Most notably, Kotick says that Activision Blizzard will employ a zero-tolerance harassment policy, waive arbitration in sexual harassment and discrimination claims, and the billion-dollar-net-worth CEO will take a massive pay cut — earning only $62,500 per year in total compensation until the board of directors feels certain diversity, equity, and inclusion goals are met. (Earlier this year, Activision Blizzard shareholders approved a $155 million pay package for Kotick.)

The letter outlined other goals for the company, including…

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