Former Nintendo president Hiroshi Yamauchi passes away at 85

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http://www.computerandvideogames.co...president-hiroshi-yamauchi-passes-away-at-85/

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"Nintendo is in mourning today from the sad loss of the former Nintendo president Mr Hiroshi Yamauchi, who sadly passed away this morning," the company said in a statement issued to CVG.

The details of his passing have not been disclosed.

Yamauchi joined Nintendo in 1949 and worked in an executive role until 2002. In the early seventies he became chairman and took Nintendo public.

When Yamauchi joined Nintendo, the corporation was not in the electronics entertainment business - a testament to the transformation the company underwent during his reign. Yamauchi spearheaded the company when it shipped industry-changing machines such as the NES, the SNES and the GameBoy; consoles which bolstered Nintendo's finances and also cemented Japan as a major force in games development.

Yamauchi stepped down from Nintendo in 2002 after its GameCube struggled to compete with the likes of PlayStation 2 and Xbox.

But Yamauchi's departure led to a more democratic management structure at the corporation. A board of six executives was appointed to take mutual control of all operations - Atsushi Asada stepped in as new chairman while Satoru Iwata was appointed president. Shigeru Miyamoto was also named one of the six.

In a previous CVG feature, called Revolution: The Story of Wii, it was said that this democratic structure allowed Nintendo to incorporate more radical ideas - a philosophy which led to the creation of its most successful console ever./QUOTE]
 
That's a sad news. :( I wonder who's the founder of Nintendo? It wasn't all about gaming back in late 1940s, eh?
 
I would say goodnight sweet prince, but he was more of an evil tyrant.
But he was pretty awesome in his own way.
 
Sad news indeed. Don't really know anything about him but I do know that Nintendo was awesome under him.