paidContent.org - The Economics of Content

Current Story

Industry Moves: EA CFO Jenson Resigns In Midst of TTWO Bid

By Joseph Weisenthal - Mon 24 Mar 2008 07:01 AM PST

Video game maker EA has announced the surprise resignation of CFO Warren Jenson. So far, a replacement for Jenson, who has served in this role for since 2002, was not named, nor was there a reason offered for Jenson’s departure, not even the normal family or personal reasons. Following the appointment of a new CFO, Jenson will stay on through September 30, 2008, as an employee of the company, helping to smooth the transition period, according to a separate SEC filing. Over at MarketWatch, Herb Greenberg describes the departure as “bizarre timing”, given EA’s ongoing hostile bid for rival gamer Take-Two, and he suggests that perhaps there’s some high-level disagreement over strategy. Company shareholders seem unperturbed, however, as the stock is up over 2 percent today. Release.

Posted in: Entertainment, Gaming, Industry Moves, VC+M&A, Mergers & Acquisitions

Tags: warren jenson, electronic arts

Related Research from Alacrastore.com
0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile/BB App
» Mobile/Wap Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

EconAds Conference - The Economics of Ad Deals. Tuesday, June 3rd, 2008. The New World Stages, NYC

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters