Midway chairman Brown steps down, CEO Booty goes up

So is Midway really going under or what? Despite announcing a new Mortal Kombat game and managing to buy time to avoid bankruptcy, the company may be back in hot water. Midway chairman – uh, now ex-chairman, I mean – Peter C. Brown has resigned from his post in the company.

So is Midway really going under or what? Despite announcing a new Mortal Kombat game and managing to buy time to avoid bankruptcy, the company may be back in hot water.

Midway Games chairman – uh, now ex-chairman, I mean – Peter C. Brown has resigned from his post in the company. Not going into details, he only cited personal reasons for his leaving.

The new chairman to take Brown’s place is Midway’s CEO, Matt Booty. It’s been a long journey for him, which started in 1991 when he was first hired as a programmer. Throughout his career in Midway, he managed to go up the ladder – now he’s on top.

Having the chairman resign at such crucial times may or may not be a good thing for Midway. For what it’s worth, change is also good. Maybe Booty can shape things up, yeah?

• Mortal Kombat vs. DC Universe ships 1.8 million, new MK game in development
• Midway manages to buy some time to avoid bankruptcy

Via Gamasutra