 |
|
|
|
 | | |
|
Barry
Mr. Do It All
Jun 13, 2005, 6:04 AM
Post #1 of 1
(1288 views)
Shortcut
|
|
Atari CEO Resigns for Glenayre Tech Job
|
Can't Post
|
|
Atari said President and Chief Executive James Caparro resigned, and the board appointed Chairman and Chief Creative Officer Bruno Bonnell to take his place on a temporary basis.
Shares of Atari Inc. dropped 54 cents, or about 18 percent, to $2.40 in after-hours activity. Caparro is leaving Atari after fewer than eight months on the job to become president and CEO of Entertainment Distribution Corp., a division of Glenayre Technologies Inc. In November, Caparro replaced Denis Guyennot, who served as president from February 2000 to August 2004 and is still a consultant to the company. Bonnell, a founder of the company that became Atari, previously served as Atari CEO before giving Caparro that title in November.
New York-based Atari is expected to report its fourth-quarter results
next week. In February, the company said it expected to post results
ranging from a loss of 8 cents to break even per share, before items,
on revenue of $70 million to $80 million. Analysts expect Atari to
report a fourth-quarter loss of 4 cents per share on $76.4 million in
revenue. A spokeswoman said Atari has not issued guidance for its first
quarter.
Join the forum and enter to win free monthly prize giveaways!
|
|
| |
| | |
|
| |
|
Site Map | Add Your Site to the Directory |
SEO friendly Directory
DiscussVideoGames.com
is not associated by ownership or membership with any developer,
gaming manufacturer, or game producer, and is not meant to
be an endorsement of any company,
service, or link. All unique logos and designs are property of DiscussVideoGames.com
|
|
|
