Appointment of Industry Veteran Underpins New Game Development
AGOURA HILLS, Calif.--(BUSINESS WIRE)--May. 29, 2012--
Inc. (NASDAQ: THQI) announced today that it has appointed Jason
Rubin as President, effective immediately. Mr. Rubin, who brings to THQ
20 years of successful experience in the video game and digital sectors,
will be responsible for all of THQ’s worldwide product development,
marketing, and publishing operations, and will report to Brian Farrell,
THQ Chairman and CEO.
Mr. Rubin is acknowledged as one of the leading business and creative
forces in the video game industry. He co-founded Naughty Dog, one of the
industry’s most successful and critically acclaimed game developers.
While at Naughty Dog, Mr. Rubin served as the co-creator and game
director of the “Crash Bandicoot” PlayStation and “Jak and Daxter”
PlayStation 2 series of games, which combined have sold over 40 million
copies worldwide. In 2001, Sony Computer Entertainment America acquired
Naughty Dog, and Mr. Rubin led the Naughty Dog team until 2004. Mr.
Rubin also co-founded Flektor, a media mashup tool, which was acquired
in 2007 by Fox Interactive Media, a division of Newscorp.
“Jason’s proven track record in the industry speaks for itself, and he
is one of the brightest minds in the business,” said Brian Farrell. “We
believe he can be a game changer and can contribute immensely to
executing on our strategy of delivering quality connected core game
“THQ has incredible internal and external game development teams, and an
exciting slate of games in its development pipeline,” said Jason Rubin.
“The recent transformation of THQ into a creator of wholly-owned IP has
placed it in a perfect position to leverage future trends in the game
business. I look forward to working with the management team and board
to realize the company’s goals.”
Rubin’s appointment comes as THQ realigns its focus from a maker of
licensed games for broad audiences to a developer of AAA “Core” games
for multiple platforms. For Fiscal 2013, the company’s line-up includes
wholly-owned IP from Vigil Games (Darksiders® II), Volition, Inc.
(Saint’s Row®: The Third™ - Enter the Dominatrix), Relic
Entertainment (Company of Heroes® 2) as well as Metro: Last
Light, South Park™: The Game and WWE® ‘13.
The company also has appointed Jason Kay as its Chief Strategy Officer.
Mr. Kay, who will report to Mr. Rubin, co-founded Flektor with Mr. Rubin
and has served as an executive and advisor to companies such as
Activision, Columbia House and Home Box Office during his more than
seventeen years in the media and technology business.
THQ also announced that Danny Bilson, EVP Core Games, is leaving to
pursue other interests. “Danny has made significant contributions to
THQ, and we thank him for his efforts,” said Mr. Farrell. In addition,
the company announced that Dave Davis, SVP Core Studios, will be
leaving. “Along with Danny, Dave has been instrumental in getting our
strong pipeline into production,” Mr. Farrell continued.
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, wireless devices and
the Internet. 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 http://www.thq.com/.
THQ, Company of Heroes, Darksiders, Saints Row, Saints Row: The Third –
Enter the Dominatrix and their respective logos are trademarks and/or
registered trademarks of THQ Inc.
All other trademarks are property of their respective owners.
THQ Inc. Caution Concerning Forward-Looking Statements
This press release contains statements that are 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 statements regarding the company’s future
business goals and expectations and future video game line-up. These
statements 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 Annual Report on Form 10-K for the
fiscal period ended March 31, 2011 and subsequent Quarterly Reports on
Form 10-Q, and particularly the discussion of trends and 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