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Thursday, Mar 28, 2024

THQ Reorganization Creates Three New Business Units

Video game publisher THQ Inc. has formed three new business units to better align the company with its product strategy. The Agoura Hills-based company has struggled of late with weak sales and has cut costs by laying off workers and shutting down game design studios. The reorganization creates three business units of core games; kids, family and casual games; and online. “The new structure specifically aligns our primary business units with our product strategy, enabling each team to focus on planning and execution in highly defined product areas with full profit and loss responsibility,” said THQ President and CEO Brian Farrell. Danny Bilson has been promoted to executive vice president, Core Games. Doug Clemmer has been promoted to executive vice president, Kids, Family and Casual Games and Steve Dauterman has been promoted to senior vice president, Online. In addition, Ian Curran has been promoted to executive vice president, Global Publishing and will oversee worldwide revenue for THQ. Mark R. Madler

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