Take-Two CEO steps down to travel with family


NEW YORK: Take-Two Interactive Software Inc, the company responsible for popular videogames such as the Grand Theft Auto series, said that the CEO hired to turn the company around will step down to travel in Asia with his family.

Ben Feder’s resignation is effective Jan 1, though he will remain a partner in ZelnickMedia, the private equity firm that manages Take-Two under an agreement with the company’s board of directors. Strauss Zelnick, Take-Two’s executive chairman, will take on the additional role of CEO.

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