Activision’s Say-on-Pay Delay Slammed as ‘Desperate Attempt’ - Yahoo! Finance -BoardProspects

Activision’s Say-on-Pay Delay Slammed as ‘Desperate Attempt’

Yahoo! Finance Jun 15 2021 BoardNews

(Bloomberg) -- Activision Blizzard Inc.’s surprise decision to prolong its say-on-pay shareholder referendum is a “desperate attempt” to avoid losing the vote, according to a labor-backed investment firm that has been critical of the video-game giant’s compensation...
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1. With 86% of shares already voted, it is doubtful that a significant number of shareholders wanted more time to consider the company's executive pay practices.
2. We believe that shareholders cannot support the current compensation policies put in place by the company's directors.
3. Despite exceptional shareholder returns, the company has made significant changes to address shareholder feedback.
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