THQ in more trouble as vice president resigns

by Stephen Heller Featured 3 Comments 18 Votes 2062 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

Most Anticipated July Game

Most Anticipated July Game

4 days ago Polls 2 4
Big games of July

Big games of July

Tano 4 days Articles 12 6
Super Mario World beaten blindfolded in 23 minutes
Tano 5 days News 0 1
The Best and Worst of E3 2015

The Best and Worst of E3 2015

Gryllano 23/06 Articles 2 6
E3 2015 - MMGN Hub

E3 2015 - MMGN Hub

Tano 19/06 Articles 10 12
Friendly Fire Show 99 E3 Part 2: Fully back compatible

Friendly Fire Show 99 E3 Part 2: Fully back compatible

Podcast 19/06 Articles 0 2
The 20 best trailers of E3 2015

The 20 best trailers of E3 2015

Tano 18/06 Articles 7 10
Friendly Fire Show E3 pt1: Our most ambitious podcast yet
Podcast 17/06 Articles 3 2
Celebrate Mario's 30th anniversary for a good cause

Celebrate Mario's 30th anniversary for a good cause

Gryllis 17/06 News 0 3

Community Content

Wii U - 2, MMGN - 0

Wii U - 2, MMGN - 0

01/05/2015 Blog 14 1

MMGN Updates

Status
Updating..
Username

commented on Master of Orion will probably ruin my social life

Tano 19 hours ago
Username

Sodapop666 is now Level 2!

Sodapop666 1 day ago
Username

usterlitz shared a story - rs gold

usterlitz 1 day ago
Username

usterlitz is now Level 3!

usterlitz 1 day ago