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Infogrames Founder Bruno Bonnell Quits

by Rainier on April 5, 2007 @ 12:43 a.m. PDT

Infogrames announced that its Board appointed Patrick Leleu Chairman and CEO of the Group following the departure of founder and Chairman of the company, Bruno Bonnell, who resigned from his positions as Chairman, CEO and Director of Infogrames and also leaves all his positions within Atari 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".

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