THQ isn’t saying anything specific about the circumstances surrounding Chief Financial Officer Edward Zinser’s sudden departure from his post. Zinser was also the executive vice president at the company.
THQ gave a cryptic message saying that he had resigned his position "by mutual agreement between Mr. Zinser and the company, effective immediately." Although THQ stated that his sudden leaving wasn’t connected with the current or future financial condition of the company, THQ refused to elaborate on the real reasons for his departure.
On the business side of things, THQ has had a series of setbacks concerning the soft sales of Stuntman: Ignition, Juiced: Hot Import Nights, the delays of Destroy All Humans: Path of Furor and the title Frontlines: Fuel of War. THQ lost $7 million compared to last year’s profits of $11.6 million.
Rasmus Van der Colff, THQ’s Controller, will take the post of temporary CFO while a permanent replacement is searched for.
[via 1up]
