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Tecmo president steps down

New president to take role beginning September 1

Tecmo president Yoshimi Yasuda has resigned from the company citing personal reasons.

Chairman of the board Yasuharu Kakihara will take up the position beginning September 1, reports Kotaku.

The resignation of Yasuda comes following a lawsuit by Team Ninja's Tomonobu Itagaki, who alleged the president promised unpaid bonuses and made "disingenuous statements" about the Ninja Gaiden developer.

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Matt Martin

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Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.