Take-Two CFO resigns
Fallout from shareholder takeover continues as Karl Winters leaves publisher; interim chief financial officer promoted from within company.
When a group of Take-Two investors last month announced its plans to install its own board of directors at the publisher's annual shareholders meeting, two executives were singled out by name. The group wanted to oust CEO Paul Eibeler, and it wanted to review the continued employment of CFO Karl Winters.
The investor group had its way at the shareholder's meeting, and Eibeler's departure from the company was announced that same day. Now Winters' departure has been confirmed, as Take-Two today announced his resignation, effective immediately. Winters will be replaced on an interim basis by the company's current senior vice president of finance, Lainie Goldstein. As it did with Eibeler, Take-Two said it is working with Winters "to ensure an orderly and effective transition."
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