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| Majesco announces changes in management Majesco Entertainment Company announced several developments related to changes in management, its Board of Directors, financing arrangements and other disclosures. The Board of Directors has named Morris Sutton as its Chairman and Interim Chief Executive Officer, effective immediately. The role of Chairman had been previously filled by James Halpin and the role of CEO had been vacant. The Company will continue to search for a permanent Chief Executive Officer. In his new role as Chairman and Interim CEO, Mr. Sutton will oversee all aspects of the Company and continue to spearhead its sales and business development efforts. Mr. Sutton has more than 40 years of business experience and has helped to build personal relationships with key retail customers and entertainment industry executives. Majesco also announced that James Halpin has resigned as a member and Chairman of the Board of Directors, and as a member of its Audit and Compensation Committees. Additionally, Marc Weisman has resigned as a member of the Company's Board of Directors and as Chairman of the Nominating and Governance Committee, and a member of the Audit Committee, and Compensation Committee. write your comments about the article :: © 2006 Game News :: home page |