Former Square Enix CEO Wada Is Now Chairman Of The Board?
Wait, wait...how does this work, exactly? We be confoozled.
Back in late March, just before Square Enix reported their astronomically bad losses, company CEO Yoichi Wada voluntarily stepped down. At the time, those who didn't appreciate Square Enix's direction as a company had a virtual party.
Many thought Wada going bye-bye could be the start of a much-needed resurgence for the Final Fantasy publisher. But what's this...? According to Joystiq citing a NeoGAF poster, Wada has been named Chairman of the Board. Square Enix's Japanese site apparently noted the change just recently. Is that not a promotion? As Joystiq said, "if the CEO is the captain of the ship, the Chairman of the Board is the admiral of the fleet." How did this happen?
Well, no matter. Nobody really had any hope for a return to glory, now did they? I sure didn't.
6/26/2013 9:21:45 PM Ben Dutka