SouthPeak Proud to Have Former "Worst CEO of Year" Join Its Board of Directors

August 4, 2009 -

Video game publisher SouthPeak Interactive announced late yesterday that former Take-Two CEO Paul Eibeler (left) is joining its board of directors.

Judging from the language of its press release, SouthPeak appears to regard the addition of Eibeler, named Worst CEO of 2005 by MarketWatch, as good news:

“As one of the most respected executives in the interactive games industry, we welcome Paul to the Board of Directors,” said Terry Phillips, Chairman of SouthPeak. “His depth of experience will certainly be an asset to SouthPeak growth as a major publisher.”

Paul Eibeler is best known for his leadership at Take-Two Interactive...

Eibeler is indeed best known for his days at Take-Two. It was under his watch that the Hot Coffee scandal rocked the video game industry, with the Grand Theft Auto publisher inexcusably blaming the now well-known sex scenes on the GTA mod community before ultimately 'fessing up that it was original content.

Eibeler's reign was also plagued by securities investigations which led to charges against several past employees (although not against Eibeler). The former CEO was ousted by a 2007 shareholder revolt led by current T2 chairman Strauss Zelnick. Eibeler exited with a $2.5 million golden parachute.


Comments

Re: SouthPeak Proud to Have Former "Worst CEO of Year" Join ...

Heh, I really don't think Southpeak cares who they have. They are all about crapware, they can pretty much only go up.

Re: SouthPeak Proud to Have Former "Worst CEO of Year" Join ...

Hmm, i was still under the information that the Hot Coffee Mod WAS user created content.

Either way, it required user created content to unlock, or a modchip/homebrew patch to unlock, right?

Re: SouthPeak Proud to Have Former "Worst CEO of Year" Join ...

Well ,they better be ready for nightmarish harassment once a certain person finds out about this.

Re: SouthPeak Proud to Have Former "Worst CEO of Year" Join ...

Regardless of Eibeler's past, SouthPeak has nowhere to go but up or out. The worst he could do would be to accelerate the inevitable.

Re: SouthPeak Proud to Have Former "Worst CEO of Year" Join ...

SouthPeak is largely a shovelware publisher who has been trying (and failing) to expand into bigger budget products.  I imagine Eibeler has been unemployed since his time at Take-Two and has probably burned through most of his undeserved parachute payment so he's probably looking for work now.  And to be able to say they have Take-Two's former CEO is a big deal to a small player like SouthPeak.  I didn't see them lasting more than a couple of years anyway but with him as an adviser, I'm sure they'll be dead even sooner now.  Granted, he was overseeing Take-Two at a time when they were getting slammed around because of Ryan Brant & Co.'s crooked dealing but still, the main isn't capable of running a bath, let alone a large company.

Parallax Abstraction
Ottawa, Ontario, Canada
blog.digital-lifeline.ca

Parallax Abstraction
Ottawa, Ontario, Canada
 
Forgot your password?
Username :
Password :

Shout box

You're not permitted to post shouts.
Andrew EisenOh, there's definitely a Nintendo Direct tomorrow, but that beat-by-beat recap is almost certainly bogus.03/31/2015 - 12:20pm
james_fudgeConster: the larger issue is that Ind. does not protect LGBTQ+ people under state law03/31/2015 - 12:11pm
PHX Corp@MP I think it is confirmed(not an April Fools joke) http://mynintendonews.com/2015/03/31/nintendo-direct-confirmed-for-wednesday-april-1st/03/31/2015 - 12:00pm
ConsterApparently Pence intends to amend SB101 so denying service isn't allowed - without explicitly protecting LGBT+ and while still allowing the many other things you can get away with now if it's motivated by your religious beliefs.03/31/2015 - 11:53am
MaskedPixelantehttp://mynintendonews.com/2015/03/30/rumour-nintendo-direct-on-april-1st/ A supposed full leak of tomorrow's Nintendo Direct, so you can all laugh and laugh about how wrong it is.03/31/2015 - 11:35am
PHX Corphttp://kotaku.com/why-a-tekken-7-character-is-being-called-a-phoney-1694724959 Why a Tekken 7 Character Is Being Called a Phoney03/31/2015 - 10:08am
Michael ChandraArgh. Anyway, I'm glad that move was made. Wonder if it counts, can he just declare it like that? 03/31/2015 - 9:27am
ZenConster - Good, it's a BS law that exists to just allow hate basically. Glad people are standing up to it. Sadly it should never have passed to begin with though.03/31/2015 - 8:39am
ZenNintendo Direct tomorrow it seems. Funny it will be on April 1st lol. http://www.ign.com/articles/2015/03/31/nintendo-direct-announced-for-tomorrow03/31/2015 - 8:38am
MaskedPixelantehttp://www.destructoid.com/chris-charla-would-love-to-see-no-man-s-sky-on-xbox-one-289761.phtml Apparently Microsoft's famous "parity clause" doesn't apply if they thing your game will make them tons of money.03/31/2015 - 8:00am
ConsterBasically, he's claiming there's a state statute that allows him to invoke section 2 of SB101 and be exempt from it.03/31/2015 - 5:48am
Conster"..military service veteran status, and any breach of this policy shall continue to be considered a material breach of the relationship with the City."03/31/2015 - 5:09am
Conster"no vendor, contractor, grand recipient, or anyone receiving public funds or benefits of any kind shall discriminate on the basis of race, religion, color, disability, sexual orientation, gender identity, national origin, ancestry, age, or United States..03/31/2015 - 5:08am
ConsterGen Con is in Indianapolis, right? Because its mayor signed an executive order that discrimination against LGBTQ (and other groups) is still not allowed: http://www.huffingtonpost.com/2015/03/30/greg-ballard_n_6972928.html03/31/2015 - 5:07am
Andrew EisenTo the surprise of no one, that HD remake of the first level of Super Mario 64 has been DMCA'd. http://mario64-erik.u85.net/Web.html03/30/2015 - 10:54pm
MaskedPixelantehttp://www.destructoid.com/dark-souls-ii-scholar-of-the-first-sin-upgrade-and-pricing-systems-detailed-289743.phtml Dark Souls 2 pricing revealed, is only mildly confusing.03/30/2015 - 6:02pm
MaskedPixelantehttps://twitter.com/yugiohtas/status/582642955489431552 Roger Slifer sent to the graveyard.03/30/2015 - 3:49pm
james_fudgeEZK: it sounds like a carry-over bug from Demon's Souls.03/30/2015 - 1:29pm
Andrew EisenJust watched a clip of one of his correspondent appearances on The Daily Show. Seems like he'll be a good fit.03/30/2015 - 1:26pm
MaskedPixelantehttp://www.nytimes.com/2015/03/31/arts/television/trevor-noah-to-succeed-jon-stewart-on-the-daily-show.html The Daily Show with Trevor Noah.03/30/2015 - 1:17pm
 

Be Heard - Contact Your Politician