September 5, 2008
Take-Two Interactive Makes Executive Appointments
Take-Two Interactive Software, a provider of interactive entertainment software, hardware and accessories, has announced several executive appointments to ensure its growth in the interactive entertainment marketplace.
The board of directors named Strauss Zelnick, currently non-executive chairman, to the position of executive chairman, and entered into an employment agreement with Ben Feder, currently serving as CEO in connection with the services provided by ZelnickMedia pursuant to a management agreement with Take-Two, to serve as CEO through October 31, 2012.In addition, Karl Slatoff was named executive vice president, with key responsibilities in the area of general management, administration and corporate development.
Mr Zelnick has served as non-executive chairman of Take-Two and a member of the company's board since March 2007. He is the founding partner of ZelnickMedia, a media and entertainment investment firm.
Mr Slatoff is a partner at ZelnickMedia, with expertise in the areas of music, direct marketing, broadcast, interactive entertainment and new media. Previously, Mr Slatoff served as vice president, new media for BMG Entertainment.
Mr Feder has been acting CEO and a board member of Take-Two since March 2007. A co-founder of ZelnickMedia, he was previously CEO of MessageClick, a provider of voice messaging technology for next generation telephone networks.