Atari shares rise as former CEO Bonnell leaves

A couple of days ago, we informed you that Bruno Bonnell stepped down from his position as Chairman and CEO of Atari. His departure also affected his top position with Infogrames. This is really something as Bonnell was the one responsible for building the international holding company and putting the third-party publisher back on track after it struggled during the 1990s.

Anyway, it seems that  investors favor the departure as Atari’s shares rose today to as high as 12%. We really don’t know what’s with replacing chairmen and the investors these days. A couple of days ago, a similar improved share ratings was enjoyed by Take-Two Interactive after Paul Eibeler was removed from office and Strauss Zelnick was named the new CEO.

You have to remember though, that Atari’s case is much different from that of Take-Two’s. Even though it is not clear why Bonnell left, it was made clear that he stepped down. As you all know, what happened to Take-Two wasn’t simply a turnover of position – it was a take over.

On a related matter, it should be remembered that Atari announced that it is planning to come up with a community portal that will ultimately challenge Sony’s PlayStation Home. The new service is being planned for a summer release on the PC platform.

A couple of days ago, we informed you that Bruno Bonnell stepped down from his position as Chairman and CEO of Atari. His departure also affected his top position with Infogrames. This is really something as Bonnell was the one responsible for building the international holding company and putting the third-party publisher back on track after it struggled during the 1990s.

Anyway, it seems that  investors favor the departure as Atari’s shares rose today to as high as 12%. We really don’t know what’s with replacing chairmen and the investors these days. A couple of days ago, a similar improved share ratings was enjoyed by Take-Two Interactive after Paul Eibeler was removed from office and Strauss Zelnick was named the new CEO.

You have to remember though, that Atari’s case is much different from that of Take-Two’s. Even though it is not clear why Bonnell left, it was made clear that he stepped down. As you all know, what happened to Take-Two wasn’t simply a turnover of position – it was a take over.

On a related matter, it should be remembered that Atari announced that it is planning to come up with a community portal that will ultimately challenge Sony’s PlayStation Home. The new service is being planned for a summer release on the PC platform.