Take-Two CFO steps down amid investigation

Take-Two Interactive Software, publisher of the Grand Theft Auto game franchise, announced Monday that company Chief Financial Officer Karl Winters has resigned, effective immediately.

Winters' resignation comes at a tumultuous time for the company, whose shareholders ousted former CEO Paul Eibeler and three directors, claiming they were at the center of a stock options backdating scandal. Take-Two announced last week it had received a letter from the Securities and Exchange Commission saying it is under formal investigation for its stock-options practices.

Take Two's senior vice president of finance, Lainie Goldstein, will serve as interim CFO until a permanent replacement is named, the company said in a statement. Goldstein has been with the company since late 2003.

 

Join the discussion

Conversation powered by Livefyre

Don't Miss
Hot Products
Trending on CNET

HOT ON CNET

Looking for an affordable tablet?

CNET rounds up high-quality tablets that won't break your wallet.