Bullet hell shoot-em-up specialist Cave has announced the departure of CEO Ito Masahito, with current board chairman Kenichi Takano taking on his role of president.
The company claims Masahito's resignation comes as a result of 'personal reasons', though his departure comes a matter of months after former VP and COO Mikio Watanabe also left the firm.
Social switch
Cave recently unveiled a refocusing of its operations following a financial slowdown at the start of 2012, with forthcoming PS Vita projects canned in order to prioritise social games.
Indeed, the firm's releases on iOS had appeared to open up a new market for the company, which has struggled to gain a foothold on current home consoles, both in terms of physical releases and via digital platforms such as XBLA.
No details have been given as to who will take on the role of CEO in the long term.
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Related Articles
Top Stories
Feature
May 20th, 2024
Hot Five: AppLovin revenue surges 48% Y/Y, Plarium and Big Fish up for sale, and a look inside Merge Mansion's growth
Feature
May 20th, 2024
55 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Events
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
MomoCon 2024 | North America | May 24th |
Morocco Gaming Expo | Africa | May 24th |
For The Win 2024 | Europe | May 29th |
Popular Stories
Feature
May 20th, 2024
55 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
May 14th, 2024