Take-Two Shakeup Continues, CFO Resigns

The drama in the corporate office of Take-Two continued into Easter Monday as the company’s Chief Financial Officer, Karl Winters, resigned effective immediately. Lainie Goldstein, who currently serves as the company’s Senior Vice President of Finance, has been named interim Chief Financial Officer until a permanent replacement is named. It was recently disclosed that the Securities and Exchange Commission was investigating Take-Two.

“Karl oversaw finance at Take-Two during challenging times for the Company,” said Ben Feder, Take-Two’s Chief Executive Officer. “We thank Karl for his years of service to Take-Two. He was instrumental in assembling a highly competent financial team that will serve us well in the future. We appreciate Karl’s hard work and his continued support during the transition.”

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Mr. Feder added, “We have been welcomed by the extremely talented and hard working Take-Two corporate staff. We are impressed with Lainie and are confident that her financial acumen and knowledge of Take-Two’s business will greatly assist us during this transition. I look forward to working closely with Lainie as we continue to address Take-Two’s challenges aggressively and swiftly so that employees can focus on building the Company’s bright future.”

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