Hiroshi Yamauchi to leave Nintendo board

8 Comments by Steve Parsons Apr 29th 2005 6:06AM
Filed under: Culture, Nintendo GameCube

Hiroshi Yamauchi, former president of Nintendo, will step down from his position on the board of the company after a shareholders meeting on June 29th. He will, however, continue as an advisor.

Hiroshi is the great grandson of Fusajiro Yamauchi, the founder of the company. In an extremely rare move for a top board member of any company, Hiroshi turned down the retirement package he was offered, rumored to be worth over a billion Yen, preferring to see the money reinvested in the company.

Classy!

Source

(Page 1) Reader Comments

james: Dec 18th 2005; 9:46PM

Why did the PS3/ourcolony.net story disappear?

http://www.ourcolony.net/images/logos/ps3.jpg

Westmarch: Dec 18th 2005; 9:46PM

God, I love that old man. :D

tetsuo: Dec 18th 2005; 9:46PM

trully a role model for the corporate world!

swarmster: Dec 18th 2005; 9:46PM

"Why did the PS3/ourcolony.net story disappear?"

Didn't see the one you're talking about, but there was a story on a rumor about the Revolution's secret that disappeared yesterday, too. Right as I was clicking on it.

http://cube.ign.com/articles/607/607437p1.html?fromint=1

Jorge: Dec 18th 2005; 9:46PM

Just one word, WOW!

Vladimir Cole: Dec 18th 2005; 9:46PM

Why is he stepping down from the board? Who will be replacing him?

WizarDru: Dec 18th 2005; 9:46PM

He's stepping down from the board because he's 77, and he's been doing this work for 55 years. He's finally FULLY retiring.

iomatic: Dec 18th 2005; 9:46PM

Yay! Great news -- the rich and famous sometimes do have a heart. Can't see Bill Gates doing the same (yeah, billions to charities yaddayadda-- who needs ALL $42 billion???!!!)

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