THQ in more trouble as vice president resigns

by Stephen Heller Featured 3 Comments 18 Votes 1402 Views 22/06/2012 Back to News

More trouble in the house of THQ, this time with vice president, corporate controller and chief accounting office Teri Manby resigning on June 14. She is scheduled to remain at the comapny until July 6 to help with the transition with information coming from an SEC filing.

The current senior director of financial reporting, Rose Cunningham, has been promoted to vice president and corporate contoller, while CFO Paul Pucino will take over as chief accounting officer.

Just to cement the idea that THQ is in trouble, the studio announced yesterday that they would cancel a standalone expansion for Saints Row: The Third, a move expected to cost the company $20 million in revenue for this financial year.

Things aren't looking good.

By Stephen Heller - Bio

Link to us http://wii.mmgn.com/News/THQ-in-more-trouble-as-vice-president-re
Tags: financial Row Saints The third THQ trouble
Vote for this article Log in with Facebook

THQ in more trouble as vice president resigns Comments

Leave a comment Log in with Facebook
Lets hope Darksiders 2 sells... alot.
Didn't realise they were in that much trouble. Hopefully they pull through.
Nope I think THQ are going down and wont get back up. You don't cancel an expansion to your best selling game if things are improving...

Post a comment

Leave a comment Log in with Facebook

Recently Read

Featured Wii Content

Xbox One - What do you think?

Xbox One - What do you think?

3 days ago Polls 29 61
Black Flag Wallpapers

Black Flag Wallpapers

Mr. T 1 day Articles 5 7
Dying Light: Warner Bros reveals a new survival horror

Dying Light: Warner Bros reveals a new survival horror

Gryllis 1 day News 10 14
Good grief, more unpopular gaming opinions

Good grief, more unpopular gaming opinions

Jickle 1 day Articles 16 27
Friendly Fire Cast 20 One: All about the Xbox One
Gryllis 1 day Articles 1 9
BioWare confirmed for PAX Australia

BioWare confirmed for PAX Australia

Gryllis 2 days News 3 22
Hang on a sec, EA is making Wii U games

Hang on a sec, EA is making Wii U games

Gryllis 2 days News 1 8
Unpopular gaming opinions

Unpopular gaming opinions

Tano 5 days Articles 42 49
Watch Dogs publishers throws support behind Wii U

Watch Dogs publishers throws support behind Wii U

Tano 5 days News 5 7

Community Content

Black Flag Wallpapers

Black Flag Wallpapers

Mr. T 1 day Articles 5 7
Merchandise - Stuff for consumers you can actually purchase this time!

Merchandise - Stuff for consumers you can actually purchase this time!

6 days ago Blog 0 0

MMGN Updates

Status
Updating..
Username

commented on Nisekoi anime adaptation confirmed

Blak 1 hour ago
Username

commented on Gameboy Cake

MegaManSec 3 hours ago
Username

gdmatt, Tsunamo, Makra and other 2 users commented on Always watching Kinect could make you pay more if too many people are in the room

gdmatt 4 hours ago
Username

OllyEbbz , Atar commented on Resident Evil: Revelations HD review

OllyEbbz 4 hours ago
Username

Melissalee, EKP, psych and other 7 users commented on Resident Evil: Revelations Giveaway

Melissalee 5 hours ago
Username

commented on Jack Reacher DVD Giveaway

Melissalee 5 hours ago
Username

commented on Turtle Beach pledges support to Xbox One

Marge 6 hours ago
Username

commented on Snitch Double Pass Giveaway

Techa 7 hours ago
Username

commented on Might & Magic Heroes Giveaway Winners

MoeMan 7 hours ago