Please support Game Informer. Print magazine subscriptions are less than $2 per issue
Square Enix's Former CEO Yoichi Wada's New Role Explained
Recently, citing poor sales number, Square Enix's now former CEO Yoichi Wada stepped down from his position, but he hasn't left the company. Square Enix has offered an explanation of Wada's new role.
In a statement offered to Joystiq, Sqaure Enix explained why Wada showed up as a "chairman" on recent company forms.
"Yoichi Wada has left the management of Square Enix Holdings Co., Ltd and no longer has any role in the parent company. Currently, he is overseeing a portion of the business within Square Enix Co., Ltd (Square Enix Tokyo), one of the subsidiaries of the parent company. These businesses include emerging markets as well as social and mobile businesses."
Wada's new official title is Chairman for Square Enix Tokyo. According to Sqaure Enix, "He has no authority in terms of the management of the Group."
[Source: Joystiq]
I’d like to ask you to support Game Informer’s continued coverage of games with a subscription. For less than two dollars per issue, we mail you a full year of 10 print magazines, each with cover stories and preview features filled with exclusive details about the most exciting upcoming games. We profile and interview game creators. We look back on the rich history of gaming, and we celebrate what’s next.
Here on the website, we offer much of our content for free, including game reviews, daily news, videos, event coverage, and more – all with minimal ads.
We do so with a small editorial team, alongside contributing paid writers from around the world – over 65 individuals from 9 countries around the world, just in the last couple of years.
It’s not possible without support.
In a time when game makers and games coverage have faced hard struggles and layoffs, the future of this 30+ year magazine and community is at risk. Our new standalone magazine subscription is the number one way you can keep us alive – and we believe you’ll get a pretty fantastic gaming magazine in your mailbox every few weeks for your trouble.
Thank you.
