Satoru Iwata becomes Nintendo of America CEO
posted on 04.24.13 at 06:47 AM EDT by (@salromano)
Current CEO promoted to corporate managing director.

Tatsumi Kimishima, the current chairman and CEO of Nintendo of America, has been promoted to Nintendo Co. managing director and will be relocated from Nintendo of America headquarters in Redmond, Washington to Nintendo Co. headquarters in Kyoto, Japan, the company has announced.

In his new position, he will assume the roles of general manager of Corporate Analysis and Administration, and general manager of the General Affairs Division. Yoshihiro Mori and Masaru Matsumoto, who currently hold these titles, will be retiring later this summer.

More interestingly, Nintendo Global President Satoru Iwata will assume Kimishima’s current responsibilities, including the Nintendo of America CEO title.

According to Nintendo, this will “support the company’s unified global strategy, allow streamlined decision making and enhance Nintendo’s organizational agility in the current competitive environment.”

The changes will come into effect after the company’s 73rd Annual General Meeting of Shareholders on June 27.