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Yamauchi Retiring from Nintendo's Board

Posted by CowboyNeal on from the calling-it-quits dept.

terrisus writes "While he had stepped down as President a few years back, Hiroshi Yamauchi had remained on Nintendo's Board of Directors. In June, however, Yamauchi will now be retiring from the Board of Directors as well. He will be foregoing his multi-million dollar retirement package, instead desiring the money be put to work in other places. He will still be a 10% stockholder in the company. It's sad to see him go."

1 of 141 comments (clear)

  1. A Genius by warmgun · · Score: 5, Informative
    Maybe he was responsible for some of Nintendo's Microsoft-esque strong arm tactics with distributors and publishers, but Nintendo is still a very profitable company, despite being #2 or #3 in the console race, much due to his leadership. Can Microsoft say that about their videogames division? Nintendo is going to be here for a long time to come and it's all due to Yamauchi-san. He will be missed.

    Just FYI, did you know he's the largest shareholder of the Seattle Mariners?