THQ Loses One, Promotes Three

Lee, Michael
October 2008
Red Herring;10/7/2008, p6
Trade Publication
The article reports on the announcement by video game developer and publisher THQ that it has undergone a management shuffle. Roy Tessler is promoted as senior vice president of production and worldwide studios. The company announced earlier that it had lost $35.4 million on $187 million in sales for the fourth quarter of fiscal 2008. According to the article, the management reorganization comes in time for the holiday season which is a crucial period for THQ to make up for its losses.


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