- Taken King Crucible Free Next Week
- GTA Movie Gets First Trailer
- Need for Speed Gameplay Five Ways To Play Trailer
- Batman: Akrham Knight Interim Patch is Here, For Real This Time
- Mornin '15
- Harmonix Joins Fig Crowdfunding
- Borderlands Added to Xbox One Backwards Compatibility
- Q.U.B.E.: Director's Cut PS4 Code Giveaway
- REVIEW: Madden NFL 16 Review
- Batman Arkham Knight PC Patch Released, Then Pulled
- Witcher Universe on Sale at GOG.com
- New Mortal Kombat X DLC for 2016
Vivendi higher-ups almost fired Activision Blizzard CEO Bobby Kotick in May 2013. When Vivendi was discussing selling Vivendi's shares of stock back to Activision, Kotick threatened to quit if they didn't let him lead an investor group that bought most of Vivendi's stock.
In response to Kotick's threats, Vivendi's then-CEO asked who would fire him. Vivendi's CFO at the time Philippe Capron "happily" offered to fire Kotick. Richard Sarnoff, one of Activision's independent directors, said he would help Vivendi if they did fire Kotick.
This was unearthed in emails from the executives as presented in a current lawsuit regarding the sale. Several shareholders have accused Kotick and his investment group of violating their fiduciary duties to shareholders by "approving a self-dealing and unfair transaction." A judge in Delaware recently ruled that the suit has merit, and Kotick and Activision chairman Brian Kelly must face these shareholders' claims.
|COMMENTS PAGE 1|
BACK TO TOP