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Atari CEO Resigns

Discussion in 'Game/SP News & Comments' started by chevalier, Jun 10, 2005.

  1. chevalier

    chevalier Knight of Everfull Chalice ★ SPS Account Holder Veteran

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    Remove all ads!
    James Caparro has stepped down as Atari Chief Executive Officer. The former CEO, Bruno Bonnell, currently the Chairman and Chief Creative Officer, has been appointed to hold the position on an interim basis.

    NEW YORK, June 7 /PRNewswire-FirstCall/ -- Atari, Inc. (Nasdaq: ATAR - News), a leader in interactive entertainment, today announced that James Caparro has resigned his position as Atari's President and CEO, effective immediately. The board of directors appointed current Chairman and Chief Creative Officer, Bruno Bonnell, to act as CEO on an interim basis. The board has instituted an immediate search for a permanent President and CEO.

    As announced by Glenayre Technologies, Inc. in an SEC filing on June 3, 2005, Mr. Caparro entered into an agreement to become the President and Chief Executive Officer of Entertainment Distribution Corp., a division of Glenayre.

    Bruno Bonnell stated, "Atari has assembled a senior management team that is moving forward to execute its strategic objectives. The team -- from product development to marketing and sales to finance -- possesses enormous energy and experience to lead us as we evolve into a more dominant force in the entertainment industry."

    Read the whole thing at Yahoo Business.
     
    chevalier, Jun 10, 2005
    #1
  2. Morgoroth

    Morgoroth Just because I happen to have tentacles, it doesn'

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    It has not gone too well for Atari in the cold world of gaming business, the company that was supposed to challenge Electronic Arts in a few years. :rolleyes:
     
    Morgoroth, Jun 11, 2005
    #2
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