Ben Feder steps down from Take-Two

MCV Staff 29th October 2010 Publishing

Just minutes after MCV reported the high-profile departure of Keiji Inafune from Capcom, it has been revealed that Take-Two CEO Ben Feder will step down from his role at the publisher on January 1st 2011.

Current executive chairman Strauss Zelnick will assume the additional role of CEO upon his departure.

Take-Two says that Feder intends to go travelling with his family in Asia for an extended period”.

I am proud of our team for transforming Take-Two into a more profitable, more diversified and growth-oriented company,” Feder stated. 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 honour certain commitments that I have made to my family.”

Former vice president Karl Slatoff will also become COO as part of the reshuffle.

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