Midway CEO Zucker departs, company left looking for leadership


We imagine piloting a company like Midway, which has been exhaling money like it was CO2, is not an easy or even enviable task. That's why we can't fault longtime Midway CEO and president David Zucker for donning a life preserver and jumping ship, leaving the company and taking his chances in the murky waters below.

In the interim, Midway has put executive Matt Booty in charge until a suitable replacement for Zucker can be found and shackled to the wheel. Says Midway chairman Shari Redstone, the company needs "dynamic new leadership," and that the publisher "has the resources and creative capability to once again be competitive with the best in the videogame business." While we'll believe that when we see it, we'd advise Midway to invest in some new locks -- Zucker's departure marks the third time this year an executive has run out the front door, abandoning the beleaguered company for greener pastures.

Tags: appointment, davidzucker, midway, zucker

Reader Comments (Page 1 of 1)

Joystiq Features





Featured Galleries

Quake Live (Christmas 2009)

Quake Live (Christmas 2009)

Final Fantasy XIV (12.24.09)

Final Fantasy XIV (12.24.09)

Stop Stress: A Day of Fury (WiiWare)

Stop Stress: A Day of Fury (WiiWare)

A Christmas Santa (iPhone)

A Christmas Santa (iPhone)

Xbox Live Music Games stores

Xbox Live Music Games stores

Trauma Team (12/22)

Trauma Team (12/22)

Dark Void Zero (DSiWare)

Dark Void Zero (DSiWare)

The Magic Obelisk (WiiWare)

The Magic Obelisk (WiiWare)

GameStop post-Christmas circular

GameStop post-Christmas circular

 


Team Joystiq

 
Chris Grant
Editor-in-Chief, Email
James Ransom-Wiley
Managing Editor, Email
Ludwig Kietzmann
Senior Editor, Email
Andrew Yoon
East Coast Editor, Email
Randy Nelson
West Coast Editor, Email
Justin McElroy
Reviews Editor, Email
Justin Glow
Developer, Email

Joystiq Podcast

New episodes every Friday! Now playing: Joystiq Podcast 121, for Friday, Dec., 18.



Archive | RSS | iTunes