6 state treasurers consider voting against reelection of Activision Blizzard board members

Activision Blizzard is now facing new financial pressure amid its ongoing harassment scandal. 6 treasurers from the states that own a stake in the company expressed their concerns, calling to vote against the reelection of the publisher’s board.

Treasurers from California, Massachusetts, Illinois, Oregon, Delaware, and Nevada asked Activision Blizzard’s board of directors for a meeting, Axios reported. They want to speak with the company by December 20.

“We’re concerned that the current CEO and board directors don’t have the skillset, nor the conviction to institute these sweeping changes needed to transform their culture, to restore trust with employees and shareholders and their partners,” Illinois state treasurer Michael Frerichs said.

The treasurers want to prevent the possible reelection of Bobby Kotick and other board members. They also demand the company to conduct an independent investigation by an outside investigator.

While these treasurers manage about a trillion dollars in assets, it is unclear how much Activision stock they have.