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Satoru Iwata Becomes Nintendo of America CEO

Posted on April 24, 2013 AT 11:14am

Nintendo president Satoru Iwata is expanding his job responsibilities by taking over as Nintendo of America CEO.

The current chairman and CEO of Nintendo of America, Tatsumi Kimishima, will become managing director of Nintendo Co. Ltd., if the promotion is approved by shareholders. Reggie Fils-Aime, COO and president of Nintendo of America, will retain his position but report directly to Iwata.

The staffing shakeups are meant to “allow streamlined decision making” and “enhance Nintendo’s organizational agility in the current competitive environment,” according to a press released issued by Nintendo.

As part of Kimishima’s promotion, the new managing director will have a hand in retiring Nintendo executives Yoshihiro Mori (general manager of Corporate Analysis and Administration) and Masaharu Matsumoto (general manager of the General Affairs Division).

In addition to announcing these staffing changes, Nintendo also reported a $366 million annual operating loss this fiscal year.

Chris Holzworth, News Editor
Chris Holzworth has wanted to write about games all his life. He first cut his teeth writing for enthusiast sites such as RPGFan, and after writing for just about every other enthusiast website he could came across, wound up as EGM's east coast news correspondent (read: editorial intern) before relocating to LA to serve as news editor. You can follow his rants about storytelling on Twitter @manadrive.[Meet the rest of the crew]

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