Posts Tagged ‘chief financial officer’

PopCap appoints Robert Chamberlain to CFO post

Tuesday, August 18th, 2009

One of the biggest names in casual gaming, PopCap, announced yesterday that they’ve appointed Mr. Robert Chamberlain to the position of Chief Financial Officer. Having served similar roles in a myriad of companies including, F5 networks, Onyx Software and Watchguard Technologies, Chamberlain brings over 30 years of financial experience, 20 of which are in the technology sector, to the table at PopCap. Chamberlain’s track record is nothing short of stellar, demonstrating sound financial guidance and has arranged a number of IPO’s as well as company sales. Chamberlain will arrive at his new office on August 31st, and will replace temporary CFO Karla Horwitz, a partner with Tatum Executives. Ms. Horwitz has built and grown the PopCap finance team for the past 17 months.

popcap_logo_rgb“We’re thrilled to have a seasoned financial veteran like Bob joining our management team and overseeing finances,” said Dave Roberts, CEO at PopCap. “He’ll oversee a sizable team of finance and accounting professionals while also providing critical expertise to our overall expansion plans. As we mature into a sizable corporation, it will be invaluable to have him guiding our financial future in every key respect.”

Most recently, Chamberlain has served as CFO at Watchguard Technologies, Inc., where he lead a team of 62 across various company departments including finance and accounting, manufacturing, IT, HR, facilities and legal services. Previously, Chamberlain successfully managed an IPO for F5 networks, guided PhotoDisc through a merger with Getty Images, and negotiated the sale of ElseWare Corporation to Hewlett-Packard.

“PopCap’s something of an anomaly in the software business – and a rarity in the technology sector as a whole,” Chamberlain said. “Profitable from day one while growing to nearly 250 fulltime employees in ten years while never taking outside funding, which is a major accomplishment. Best of all, the company has tremendous potential, in terms of geographic, platform and channel growth – and I’m excited to be a part of it.”

Remember, PopCap is one of the rare games companies today that seems to have their fingers in just about every pot. Their flagship product, Bejeweled is a mesmerizing; some might say addicting title that has sold over 25 million units across all platforms. It’s even been incorporated into World of Warcraft as a mini-game. Based in Seattle, PopCap games are based on the premise that games should be fun and easy to learn. Their timeless series of games have been downloaded over 1 billion times, and show no signs of slowing. And as far as cross platform is concerned, PopCap is the only casual games developer with a leading market share across all major sales channels, including Web portals, retail stores, consoles, mobile phones and MP3 players.

 

The9 Limited gets new man behind the money

Sunday, June 8th, 2008

In case your living under a rock, The9 is a leading retailer in China’s ‘Holy cow, that’s just enormous’ gaming industry.  They focus mainly on operating and developing top titles for the Chinese online gaming market.  The9 does this either directly with in house titles OR through affiliate licensing deals.  Some of the titles in The9’s portfolio are Granado Espada, Soul of the Ultimate Nation, and a small title you may have heard of: World of Warcraft.  To say that The9 are a small deal would be a large mistake.

So it might come as a bit of a surprise that Chief Financial Officer Tony Tse has decided to step down from his post with The9.  Mr. Tse has resigned sue to personal and family reasons according to The9’s PR rep.  Tse will leave the 9 effective July 4th.

When you’re managing that amount of cash, time really IS money.  Wasting now time or money, The9 have also announced that they’ve appointed Mr. George Lai as new man behind the bucks, effective July 3rd (So they have 2CFO’s on the 3rd?  Who gets the office?)

Prior to The9, Lai has worked at Deloitte Touche Tohmatsu since 2000 and served in various positions including audit manager and senior auditr in Hong Kong, New York and Beijing.  In other words, don’t even try to squeeze a penny by this guy…he knows his stuff.

Mr. Jun Zhu, The9′s Chairman and Chief Executive Officer, commented:
“Although we are sorry to see Tony’s departure due to personal and family reasons, we would like to express our sincere gratitude to his hard work during his serving period at The9.  In addition, we are very pleased to welcome George on board as our new Chief Financial Officer. George has extensive knowledge in US GAAP and solid background in dealing with public company issues, especially in the fast booming internet industries, and we believe he will fully utilize these knowledge and skill-sets to perform the important managerial role of Chief Financial Officer at The9.”