25 April 2014

THQ Mixes Up Product Development Management Team

Amid uncertain financial times, THQ is making changes to its product development team to "improve quality, predictability and profitability".

INDUSTRY NEWS posted on 7 OCT 2008 8:26am by Scott Parrino

THQ Inc. (NASDAQ: THQI) today announced a reorganization of the companys product development management team in support of THQs continued focus on improving quality, predictability and profitability across the companys product portfolio. The company announced the promotion of three key product development executives and the departure of Jack Sorensen, executive vice president of worldwide studios. Roy Tessler has been promoted to senior vice president of production and worldwide studios. In this expanded role, Tessler will oversee production across THQs product portfolio including direct oversight of THQs internal studios. Danny Bilson has been promoted to senior vice president of creative development. Bilson and his team will continue to lead THQs creative direction, with particular focus on THQs owned intellectual properties. Steve DeCosta has been promoted to senior vice president of product development finance and administration. DeCosta will continue to oversee project forecasting and cost management across the product development organization. Each of these three, newly-created positions will report directly and collectively to THQ President and CEO Brian Farrell. This reorganization creates a more efficient management structure, aligning Roy, Danny and Steve as my direct reports, said Brian Farrell, president and CEO, THQ. I look forward to working directly with them to more expeditiously achieve our quality, predictability and profitability targets. Roy Tessler, previously vice president of production for THQ, brings more than 18 years of project management and studio systems experience to his new position. Tessler joined THQ nearly six years ago, first as general manager and co-founder of THQs Studio Australia and subsequently served as general manager of Rainbow Studios, which successfully developed both owned and licensed titles under his leadership. Prior to joining THQ, Tessler held various project management, studio systems and quality assurance roles for leading entertainment and technology companies. Danny Bilson brings more than 20 years of writing, directing and creative development experience for all major entertainment mediums, including video games, film, television and comic books to his new role. As vice president of intellectual property development and creative director for Electronic Arts worldwide studios, he played a key creative role in The Sims, Medal of Honor and Harry Potter franchises, among others. Bilson most recently served as vice president of creative development for THQ. Steve DeCosta, previously vice president of studio finance, joined THQ in 2001. DeCosta held the position of vice president and corporate controller for THQ from 2002 through early 2007, before joining the studio management team. Prior to joining THQ, DeCosta held various public and private accounting and finance positions. Farrell continued, Jack Sorensen has played an important role in building out THQs studio system and has been a key contributor to THQs success over the past seven years. We appreciate his service to the company and wish him well in his future endeavors.

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