LYON, France--(BUSINESS WIRE)--Infogrames Entertainment (Paris:IFG) announces today that at a meeting held on April 4th 2007, the Board appointed Patrick Leleu Chairman and CEO of the Group following the departure of Bruno Bonnell, founder and Chairman of the company. Bruno Bonnell leaves his positions as Chairman, CEO and Director of Infogrames Entertainment and he also leaves all his positions within Atari, Inc. and the Infogrames group of companies.
Over the last years, Infogrames has implemented a global debt restructuring plan which successfully ended on March 2007, allowing the group to strengthen its financial structure and redevelop its business. The Board of directors and Bruno Bonnell have agreed to take this opportunity to launch new dynamics of change for the group.
Bruno Bonnell stated: « It is with understandable emotions, but also reassured about its future, that I leave Infogrames after 24 years spent to build this group with the support of all its teams. Together, we have been able to show its strength and capacity to innovate, even in the worst situations. Time for business developers has logically come, after the entrepreneurial period. It’s now time for Infogrames to conquer and progress on a market as promising as interactive entertainment business”.
The Board wants to pay tribute to the determination of the founder of Infogrames, who, with his entrepreneurial skills and his exceptional vision of the industry, allowed Infogrames to become one of the worldwide leading players within the video gaming industry.
A director of Infogrames since January 2007, Patrick Leleu was previously the CEO of Bouygues Telecom between 1994 and 2001 and then Chairman and CEO of Noos (a cable network operator) between 2001 and 2005. His ability to develop companies on fast-moving markets and his unique experience within mass-market products and digital entertainment will be key credentials for Infogrames.
Patrick Leleu, the new Chairman and CEO of Infogrames, comments: « I want to thank the Board to put its trust in me. I am convinced that Infogrames holds the assets, talents and teams to get back into the industrial competition and recover its dynamics of growth».
About Infogrames Entertainment and Atari
Infogrames Entertainment (IESA), the parent company of the Atari Group (NASDAQ:ATAR), is listed on the Paris Euronext stock exchange (ISIN code: FR-0000052573) and has two principal subsidiaries: Atari Europe, a privately-held company, and Atari, Inc., a United States corporation listed on NASDAQ (ATAR).
The Atari Group is a major international producer, publisher and distributor of interactive entertainment software for all market segments and in all existing game formats (Microsoft, Nintendo and Sony) and on CD-ROM for PC. Its games are sold in more than 60 countries. The Atari Group’s extensive catalogue of popular games is based on original franchises (Alone in the Dark, V-Rally, Test Drive, Roller Coaster Tycoon, etc.) and international licenses (Dragon Ball Z, Dungeons & Dragons, etc.).
For more information: http://www.atari.com