AGOURA HILLS, Calif.--(BUSINESS WIRE)--
THQ Inc. (NASDAQ: THQI) today announced the appointment of Paul J.
Pucino as Executive Vice President and Chief Financial Officer,
effective immediately.
Pucino brings extensive financial leadership, corporate development and
investor relations experience to THQ. Prior to joining THQ, Pucino was
executive vice president and CFO of Classmates Media Corporation, a
wholly-owned subsidiary of United Online. From 2005 to 2007, Pucino was
CFO of publicly traded internet services company Digital Insight, which
was merged with Intuit in February 2007. Previously, Pucino served as
executive vice president and CFO of Tekelec, a publicly traded developer
of internet and telecommunications networking equipment.
“Paul’s strong financial leadership, corporate strategy expertise and
deep experience with technology companies will be invaluable as we
execute on our recently announced strategic plan and business
realignment actions,” said Brian Farrell, president and CEO, THQ.
“THQ has strong franchises and a solid strategy,” said Pucino. “I look
forward to working with Brian and the rest of THQ’s management team to
implement the necessary changes to improve THQ’s competitive position
and profitability.”
A Certified Public Accountant, Pucino earned a Bachelor's degree in
Accounting from the University of Tampa and an MBA in Finance from the
University of Chicago.
Pucino replaces Colin Slade who remains on an indefinite medical leave
of absence.
About THQ
THQ Inc. (NASDAQ: THQI) is a leading worldwide developer and publisher
of interactive entertainment software. The company develops its products
for all popular game systems, personal computers and wireless devices.
Headquartered in Los Angeles County, California, THQ sells product
through its global network of offices located throughout North America,
Europe and Asia Pacific. More information about THQ and its products may
be found at www.thq.com
and www.thqwireless.com.
THQ and its logos are trademarks and/or registered trademarks of THQ Inc.
The statements contained in this press release that are not
historical facts may be “forward-looking statements” within the meaning
of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on current expectations, estimates
and projections about the business of THQ Inc. and its subsidiaries
(collectively referred to as “THQ”), including, but not limited to, the
company’s expectations for improved competitive position and
profitability, and are based upon management’s current beliefs and
certain assumptions made by management. Such forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those expressed or implied by
such forward-looking statements, including, but not limited to,
business, competitive, economic, legal, political and technological
factors affecting our industry, operations, markets, products or pricing.
Readers should carefully review the risk factors and the information
that could materially affect THQ’s financial results, described in other
documents that THQ files from time to time with the Securities and
Exchange Commission, including its Quarterly Reports on Form 10-Q and
Annual Report on Form 10-K for the fiscal period ended March 31, 2008,
and particularly the discussion of risk factors set forth therein. Unless
otherwise required by law, THQ disclaims any obligation to update its
view on any such risks or uncertainties or to revise or publicly release
the results of any revision to these forward-looking statements. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
Source: THQ Inc.
THQ/ Investor Relations
Julie MacMedan, 818/871-5125
