Iwata Headed West to Become New Nintendo of America CEO

<p style&equals;"text-align&colon; center&semi;"><a href&equals;"https&colon;&sol;&sol;bagogames&period;com&sol;wp-content&sol;uploads&sol;2012&sol;06&sol;iwata-wii-u&period;jpg"><img class&equals;"wp-image-17906 aligncenter" alt&equals;"Nintendo touts new Wii U console at E3 but CEO avoids spotlight" src&equals;"https&colon;&sol;&sol;bagogames&period;com&sol;wp-content&sol;uploads&sol;2012&sol;06&sol;iwata-wii-u-300x200&period;jpg" width&equals;"640" height&equals;"300" &sol;><&sol;a><&sol;p>&NewLine;<p>It was announced today&comma; as Nintendo made its annual year end fiscal report&comma; that Satoru Iwata&comma; the current CEO of Nintendo of Japan&comma; has been appointed the new CEO of Nintendo of America&period;  Reggie &&num;8220&semi;the Regginator&&num;8221&semi; Fils-Aime&&num;8217&semi;s role at Nintendo will not change but he will no longer be under the direction of Tatsumi Kimishima who is making a move to Japan this summer as the new general manager of corporate Analysis and Administration and manager of General Affairs&period;<&sol;p>&NewLine;<p>Two of those who held Kimishima&&num;8217&semi;s new position in the past were Yoshihiro Mori and Masaharu Matsumoto&comma; who will retire soon from the company&period;  Making a statement on the change Nintendo said&comma;<&sol;p>&NewLine;<blockquote>&NewLine;<p>&&num;8220&semi;<strong>Such change has been made to support the company&&num;8217&semi;s unified global strategy&comma; allow streamlined decision making and enhance Nintendo&&num;8217&semi;s organizational agility in the current competitive environment<&sol;strong>&period;&&num;8221&semi;<&sol;p>&NewLine;<&sol;blockquote>&NewLine;<p><a title&equals;"Nintendo of America Shakes Up Leadership" href&equals;"http&colon;&sol;&sol;news&period;cnet&period;com&sol;8301-10797&lowbar;3-57581134-235&sol;nintendo-of-america-shakes-up-leadership&sol;">CNET<&sol;a> stated that this new change takes place as the Big &&num;8216&semi;N&&num;8217&semi; has fallen way short of their projected earnings this past year due to fledgling sales of it&&num;8217&semi;s new Wii U console&period;<&sol;p>&NewLine;