Take-Two Interactive Software, Inc. Appoints Paul Viera to Board of Directors
May 18 2018 - 7:00AM
Business Wire
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today
announced that Paul Viera has been appointed to the Company’s Board
of Directors effective May 18, 2018. In addition, Mr. Viera has
been appointed to Take-Two’s Audit Committee. With the appointment
of Mr. Viera, the size of Take-Two’s Board of Directors increases
from six to seven members, six of whom are independent.
Mr. Viera is the founder and chief executive officer of Earnest
Partners, a global investment firm responsible for overseeing over
$20 billion for municipalities, states, corporations, endowments,
and universities. Prior to founding Earnest Partners in 1998, Mr.
Viera was a Vice President at Bankers Trust in both New York and
London and later joined Invesco, where he became a global partner
and senior member of its investment team.
“We are very pleased to bolster the depth and strength of our
Board of Directors through the appointment of Paul Viera,” said
Strauss Zelnick, Chairman and CEO of Take-Two. “His proven
leadership skills, vast business experience and financial acumen
will be an asset to our board as we continue to position our
Company for continued success and for sustainable shareholder value
creation.”
"For 25 years, Take-Two has captivated and engaged audiences
around the world by delivering many of the interactive
entertainment industry’s most critically acclaimed and commercially
successful titles," added Paul Viera. "I look forward to working
with the organization’s board and management as Take-Two continues
to broaden its global business through its renowned commitment to
creativity and innovation."
Mr. Viera serves as a Trustee of the Woodruff Arts Center in
Atlanta, Georgia and as a member of its investment committee. He is
also a member of the board of managers of Direct Scripts LLC, the
Board of Dean’s Advisors for Harvard Business School, the Council
on Foreign Relations, the Carter Center Board of Councilors, the
National Center for Human & Civil Rights, the University of
Michigan School of Information External Advisory Board, the Cristo
Rey Atlanta Jesuit High School Board and the Emory University Board
of Visitors.
Mr. Viera received a BA in Economics from the University of
Michigan and an MBA from the Harvard Business School.
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 principally through its wholly-owned labels
Rockstar Games and 2K, as well as its new Private Division label
and Social Point, a leading developer of mobile games. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180518005040/en/
Take-Two Interactive Software, Inc.(Investor
Relations)Henry A. Diamond, 646-536-3005Senior Vice President,
Investor Relations & Corporate
CommunicationsHenry.Diamond@take2games.comor(Corporate Press)Alan
Lewis, 646-536-2983Vice President, Corporate Communications &
Public AffairsAlan.Lewis@take2games.com
TakeTwo Interactive Soft... (NASDAQ:TTWO)
Historical Stock Chart
From Mar 2024 to Apr 2024
TakeTwo Interactive Soft... (NASDAQ:TTWO)
Historical Stock Chart
From Apr 2023 to Apr 2024