Acclaim has appointed a new Chief Exectutive Officer, Rodney Cousens.

Cousens has succeeded Acclaim's co-founder, Gregory Fischbach, who has resigned the CEO position that he held since the company was formed in 1987.

Fischbach will remain with Acclaim as co-chairman and as a member of its board of directors.

"During the last five months, I have driven the process for our organization to adopt and implement a new global operating plan that is heavily focused on improving our core business practices, including reducing operating expenses, realigning our brand-driven product development strategy and managing our position at retail," said Rod Cousens, Chief Executive Officer for Acclaim. "While this is an ongoing process, I believe that we have completed the foundation-building first phase that has set the stage for how we will conduct our business on a daily basis going forward. I will continue to strengthen our management team with leaders that are dedicated to this new structure, who possess the singular end-goal of facilitating our future growth and returning the organization".

Staff Comments

James: Not the most exciting news, I know, but this stuff has to be posted...

Tim: I think it is exciting! Maybe they will make some good games now also for the GameCube...