Game leaders Atari has gone for the restructuring. With one department to focus on gaming expansion, Atari created another part to watch upon the blockchain marketing platform. Wade J.Rosen has been designated as the new CEO of the gaming section, along with Frederic Chesnais, as the CEO of the latter.
- Gaming brand Atari had split its company in two, with one division to center on gaming with licensing and its VCS console. The firm has also designed to revitalize classic Atari IP with new publicity that has eye-appealing meaningful single-player, local multiplayer, and online play.
- The firm has also published that Wade J . Rosen, who has been acting as the chairman of the board, would become the current CEO of the company. Meanwhile, the current CEO Frederic Chesnais would be concentrating on licensing a new Atari Blockchain division which would develop Atari Token Cryptocurrency to use Atari Products and third-party partner applications.
- Rosen said, “ I am honored to be a host of something as iconic and legendary as Atari. I would also like to thank Fred Chesnais for turning around the company, which is now well-positioned for such unbelievable long–term success. When Fred stepped into the role of chief executive officer, he inherited a situation burdened with debt. Since then he has eliminated debt and enacted an image turnaround.”
- For Frederic, current CEO and a significant shareholder of Atari: “ 8 years ago, when I came back, the brand was given from dead. This spectacular turnaround is the result of solid partnership and support from the shareholders, and I would like to thank every one of these individuals”.
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