THQ has been on a downward spiral for the good part of the last 6 months to the point where they will have to reverse split their stock in order to remain listed. News today is that they will be naming Naughty Dog co-founder Jason Rubin as president.
"Jason's proven track record in the industry speaks for itself, and he is one of the brightest minds in the business," said Brian Farrell. "We believe he can be a game changer and can contribute immensely to executing on our strategy of delivering quality connected core game experiences."
"THQ has incredible internal and external game development teams, and an exciting slate of games in its development pipeline," said Jason Rubin. "The recent transformation of THQ into a creator of wholly-owned IP has placed it in a perfect position to leverage future trends in the game business. I look forward to working with the management team and board to realize the company's goals."
Press Release:
AGOURA HILLS, Calif., May 29, 2012 (BUSINESS WIRE) -- THQ Inc. THQI -4.98% announced today that it has appointed Jason Rubin as President, effective immediately. Mr. Rubin, who brings to THQ 20 years of successful experience in the video game and digital sectors, will be responsible for all of THQ's worldwide product development, marketing, and publishing operations, and will report to Brian Farrell, THQ Chairman and CEO.
Mr. Rubin is acknowledged as one of the leading business and creative forces in the video game industry. He co-founded Naughty Dog, one of the industry's most successful and critically acclaimed game developers. While at Naughty Dog, Mr. Rubin served as the co-creator and game director of the "Crash Bandicoot" PlayStation and "Jak and Daxter" PlayStation 2 series of games, which combined have sold over 40 million copies worldwide. In 2001, Sony Computer Entertainment America acquired Naughty Dog, and Mr. Rubin led the Naughty Dog team until 2004. Mr. Rubin also co-founded Flektor, a media mashup tool, which was acquired in 2007 by Fox Interactive Media, a division of Newscorp.
"Jason's proven track record in the industry speaks for itself, and he is one of the brightest minds in the business," said Brian Farrell. "We believe he can be a game changer and can contribute immensely to executing on our strategy of delivering quality connected core game experiences."
"THQ has incredible internal and external game development teams, and an exciting slate of games in its development pipeline," said Jason Rubin. "The recent transformation of THQ into a creator of wholly-owned IP has placed it in a perfect position to leverage future trends in the game business. I look forward to working with the management team and board to realize the company's goals."



vBulletin Message