Investor Group Asks Coca-Cola to Oust Activision CEO From Board

The SOC Investment Group, which advises union pension funds, has asked Coca-Cola Co. not to renominate Bobby Kotick to its board, continuing to put pressure on the chief executive officer of embattled video game publisher Activision Blizzard Inc.

In a letter to Coca-Cola’s board on Thursday, SOC said Kotick “bears primary responsibility for the longstanding ‘frat boy’ corporate culture” at Activision, which is currently facing multiple lawsuits and an investigation by the Securities and Exchange Commission over alleged instances of sexual harassment and gender discrimination. SOC Investment works with union pension funds affiliated with the Strategic Organizing Center that manage ...