When last seen by GamePolitics readers, former Take Two CEO Ryan Brant (left) was doing the perp walk, copping a plea and paying back more than $7 million in fraudulent earnings.
It was initially founded by Ryan Brant, Mark Seremet and Susan Cummings. Mark and Ryan were founders of take-Two Interactive, and Susan was at Take-Two and actually worked with Ryan to build the 2K label very successfully from zero to $400 million over four years.
Croal zeroed in on the presence of Brant, who is on probation and barred from holding corporate office in a public company. On this aspect, Chaimowitz said:
Did I have concerns? Yes. Did I think it was a major obstacle? No. I think that what Ryan brings is a tremendous creative and strategic vision for product. The areas that will Ryan will focus on will be in those areas.
He will not–and he’s not allowed to-to be on the board. He’s not an officer of the company. We’ll deal with any particular issues that come up from an SEC perspective as we go forward, but we’re fairly confident that they will be non-issues given the role that he’ll play in the company.