With NASDAQ Delisting Looming, Atari Names New CEO

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Published by GameFront.com 11 years ago , last updated 2 months ago

Posted on April 1, 2008, Chris With NASDAQ Delisting Looming, Atari Names New CEO

atari.jpgWith the potential acquisition of the company by Infogrames a strong possibility, Atari has named Jim Wilson its new CEO and president, effective immediately. His duties had been held by a restructuring officer since previous CEO David Pierce announced his resignation late last year.

Wilson has previously worked in executive management with a number of companies, including The Walt Disney Company, Vivendi Universal Games, Universal Interactive Studios and Sony Wonder/Sony BMG, according to GamesIndustry.biz.

“Atari Inc, with its world-renowned brand and strong library of game franchises, has a tremendous opportunity in North America,” said Wilson.

“I look forward to working with the Atari team and shareholders to lead Atari, Inc. into its next phase of growth.”

It’s unclear what sort of impact this will have or if this is a sign as to whether Atari will accept or dismiss Infogrames proposal to fully acquire any outstanding Atari stock. After being threatened once again with a delisting from NASDAQ, it seems like the Infogrames offer is the best option available for Atari.

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