News Article: YAMAUCHI RETIRES! Iwata Becomes President!<br>News Date: 05/24/2002 <br>Source: Bloomberg <br>Link: <!--EZCODE AUTOLINK START--><a href="http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.ht&s=APO3S.xXLTmludGVu">quote.bloomberg.com/fgcgi...XLTmludGVu</a><!--EZCODE AUTOLINK END--> <br>Discuss it in the Forum! <br><br>Nintendo's president Hiroshi Yamauchi stepped down today, and has been replaced by Satoru Iwata! <br><br>Discuss it in Talkback! <br><br>Nintendo Names Iwata New President After Yamauchi Steps Down <br><br>Osaka, May 24 (Bloomberg) -- Nintendo Co., the world's second- largest video-game maker, said Satoru Iwata will become president at the end of the month, replacing Hiroshi Yamauchi who served in that post for more than 50 years. <br><br>Iwata, 42 years old, currently serves as a board member at the Kyoto-based company and is head of Nintendo's business planning department. Iwata joined Nintendo in June 2000. <br><br>For the entire article from Bloomberg, click on the link above. <br><br>Wow. I thought it was overdue some time ago...but still. Wow! Overall he was a great leader...sometimes his pride hurt Nintendo, but overall he was very very good.<br><br>ZL <p>Empires wax and wane; states cleave asunder and coalesce.</p><i>Edited by: <A HREF=http://pub19.ezboard.com/btenchimuyo79943.showLocalUserPublicProfile?login=zhugeliang>Zhuge Liang</A>  <IMG SRC="http://www.ezboard.com/ezgfx/gicons/black_greenspot.gif" BORDER=0> at: 5/24/02 2:56:23 pm<br></i>

yamauchi with nintendo for 50 years? Damn thats a long ass time. I hope the new leader doesn't make any rash choices since it is in the middle of the console wars. <p><img src="http://holyknight.homestead.com/files/Embla-tag.gif"></p><i></i>

I thought he'd die first! <p></p><i></i>