Source Pravda.Ru

David Zucker resigns from Midway Games

Midway Games (NYSE: MWY), an American video game publisher, released its CEO David Zucker.

The details of Zucker’s resignation were not revealed, but, perhaps, it is closely connected with unprofitable fiscal 2007.

On March 6th 2007 Midway reported its 2007 full year and Q4 financials, reporting revenues down just under $10m to $157.2m for 2007 and with losses growing to $97.4m, up from $77.8m year on year.

The company has temporary hired Senior Vice President of Worldwide Studios Matthew Booty as a CEO until it can find a replacement.