NEWS - Saturday, October 30, 2010

Take Two CEO Stepping Down

Ben Feder, CEO of publisher Take Two Interactive (best known, of course, for such franchises as Grand Theft Auto and BioShock), will be stepping down from his position effective January 1, 2011 to "pursue plans to travel in Asia with his family for an extended period."
In his place will be Take Two chairman Strauss Zelnick, who will assume the CEO position. Additionally, executive vice president Karl Slatoff will be promoted into the newly created position of chief operating officer.

"I am proud of our team for transforming Take-Two into a more profitable, more diversified and growth-oriented company," Feder said in a statement. "As a result of the team’s efforts, the Company today is in the strongest financial and operational condition in its history. Now that the Company is in a position of strength and is poised for solid performance in the future, the time is right for me to honor certain commitments that I have made to my family."

Feder, you may recall, presided as CEO during Electronic Arts’ attempt to absorb Take Two in a hostile takeover back in 2008 -- and attempt that was eventually staved off.



Site Statistics

Registered Members: 43,984
Forum Posts: 725,141
Xbox One Titles: 655
Xbox 360 Titles: 1,084
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 583
Xbox Titles: 847
Staff Reviews: 1,448
Member Reviews: 10,339
News Articles: 13,078
Screenshots: 28,839
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News

See News Archives

Community Forum Activity

Xbox One Edition Limitee Borderlands The Handsome Collection
Post by oryanphine
0 Replies, 0 Views

Xbox One Edition Limitee et controllers
Post by oryanphine
0 Replies, 5 Views

GOW 4 Horde Credit and XP Earn Rate Updates
Post by Nato King
1 Replies, 60 Views

Post by Nato King
1 Replies, 55 Views

Red Dead Redemption 2 releasing Fall 2017
Post by Nato King
5 Replies, 109 Views

Xbox One S Protoype Zebra
Post by oryanphine
3 Replies, 145 Views

Xbox One South Korea Edition Limitee Mother Pearl
Post by oryanphine
1 Replies, 90 Views

Xbox One Official China Edition limitee Lunar New Year Monkey 2016
Post by oryanphine
2 Replies, 103 Views

Xbox Play Anywhere Set up.
Post by Nato King
6 Replies, 168 Views

CONTEST! Win a copy of Worms W.M.D.!
Post by Variation-XBA
9 Replies, 326 Views

The Gears of War 4 Live Broadcast Airs Today
Post by Nato King
7 Replies, 209 Views

Post by Nato King
9 Replies, 258 Views

Spoiler: First 12mintues of Battlefield 1
Post by Nato King
9 Replies, 242 Views

Custom Xbox Addict Controller!
Post by Variation-XBA
8 Replies, 320 Views

Post by BananaMan
5 Replies, 280 Views

© 2000-2016 - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics