Take-Two Interactive Software, Inc. Appoints LaVerne Srinivasan to Board of Directors
March 22 2017 - 8:00AM
Business Wire
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today
announced that LaVerne Srinivasan has been appointed to the
Company’s Board of Directors effective March 17, 2017. In addition,
Ms. Srinivasan has been appointed to Take-Two’s Corporate
Governance Committee.
Ms. Srinivasan is Vice President of the National Program and
Program Director for Education at the Carnegie Corporation of New
York, employing creative strategies and innovative thinking to
strengthen urban education. Since 2014, she has overseen grant
making and other activities aimed at engaging parents and
communities, improving teaching and leadership for learning,
advancing innovative learning environment designs, providing K-12
pathways to college and career success, and fostering integrated
approaches to innovation and learning in the field of
education.
From 2012 through 2014, Ms. Srinivasan was the Co-Founder of
Fiero Now, an education technology company. Prior to Fiero Now, she
worked at various educational technology, urban district change,
and non-profit education reform companies, including Time to Know,
Education Champions for All and New Leaders for New Schools. From
2003 through 2006, Ms. Srinivasan served as Deputy Chancellor for
the New York City Department of Education. In addition, from 1993
through 2003, she served in various roles at BMG Entertainment,
including as Senior Vice President and General Counsel. Ms.
Srinivasan serves on the board of Young Audiences New York and the
national advisory board of College Promise Campaign, and was a
founding member of the Consortium for Policy Research in
Education’s task force on Strategic Management of Human
Capital.
Ms. Srinivasan holds an A.B. in sociology from Harvard College
and a J.D. from Harvard Law School.
“We are pleased to broaden the skills of our Board of Directors
through the appointment of LaVerne Srinivasan,” said Strauss
Zelnick, Chairman and CEO of Take-Two. “Her strong leadership
skills, extensive experience in leveraging technology in the
education and entertainment industries, and marketing acumen will
be an asset to our board as we strive to enhance further our
organization’s strong foundation for continued success.”
"Take-Two is a renowned industry leader whose entertainment
experiences are synonymous with creativity and innovation," added
LaVerne Srinivasan. "I look forward to working with the Company’s
board and management as Take-Two continues to grow its business
throughout the world."
About Take-Two Interactive Software
Headquartered in New York City, Take-Two Interactive Software,
Inc. is a leading developer, publisher and marketer of interactive
entertainment for consumers around the globe. The Company develops
and publishes products through its two wholly-owned labels Rockstar
Games and 2K. Our products are designed for console systems and
personal computers, including smartphones and tablets, and are
delivered through physical retail, digital download, online
platforms and cloud streaming services. The Company’s common stock
is publicly traded on NASDAQ under the symbol TTWO. For more
corporate and product information please visit our website at
http://www.take2games.com.
All trademarks and copyrights contained herein are the property
of their respective holders.
Cautionary Note Regarding Forward-Looking Statements
The statements contained herein which are not historical facts
are considered forward-looking statements under federal securities
laws and may be identified by words such as "anticipates,"
"believes," "estimates," "expects," "intends," "plans,"
"potential," "predicts," "projects," "seeks," “should”, "will," or
words of similar meaning and include, but are not limited to,
statements regarding the outlook for the Company's future business
and financial performance. Such forward-looking statements are
based on the current beliefs of our management as well as
assumptions made by and information currently available to them,
which are subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict. Actual outcomes and
results may vary materially from these forward-looking statements
based on a variety of risks and uncertainties including: our
dependence on key management and product development personnel, our
dependence on our Grand Theft Auto products and our ability to
develop other hit titles, the timely release and significant market
acceptance of our games, the ability to maintain acceptable pricing
levels on our games, and risks associated with international
operations. Other important factors and information are contained
in the Company's most recent Annual Report on Form 10-K, including
the risks summarized in the section entitled "Risk Factors," the
Company’s most recent Quarterly Report on Form 10-Q, and the
Company's other periodic filings with the SEC, which can be
accessed at www.take2games.com. All forward-looking statements are
qualified by these cautionary statements and apply only as of the
date they are made. The Company undertakes no obligation to update
any forward-looking statement, whether as a result of new
information, future events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170322005117/en/
Take-Two Interactive Software, Inc.Investor
RelationsHenry A. Diamond, 646-536-3005Senior Vice
PresidentInvestor Relations & Corporate
CommunicationsHenry.Diamond@take2games.comorTake-Two Interactive
Software, Inc.Corporate PressAlan Lewis, 646-536-2983Vice
PresidentCorporate Communications & Public
AffairsAlan.Lewis@take2games.com
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