Majesco’s Executive Vice President, Chief Financial Officer, John Gross has announced that he will be leaving the company. Majesco says via press release that their current Senior VP, Corporate Controller and Chief Accounting Officer Michael Vesey will serve as temporary CFO when Gross leaves, effective August 20, 2010.
CEO Jesse Sutton said, “John has provided strong financial leadership to the company for the last five years, effectively managing the balance sheet, reducing operating costs and helping guide us towards improved profitability. He’s done a great job representing the Company and we thank him for his service. Mike has worked closely with John and will have an easy transition to his role as Interim CFO.”
Currently, Majesco is in danger of being delisted from the NASDAQ stock exchange. They received the warning back in March, and they have until August the 30th to hold their stock above $1 for at least 10 consecutive trading days. As of the time of this writing their stock closed at about 68 cents a share. If delisted, Majesco will lose their awesome NASDAQ symbol: “COOL.” That would probably make them very unhappy.
via Majesco
To kick off 2021, we have a glorious return to one of the best franchises…
Last summer, we got our first official look at Hogwarts Legacy. The RPG set in…
Today, it was revealed that Ubisoft would be helming a brand-new Star Wars game. The…
Housemarque shared lots of new details about their upcoming PS5 game Returnal. Today, we learn…
Huge news concerning the future of Star Wars games just broke out. Newly revived Lucasfilm…
GTA 5 is probably the biggest game of all-time. It has sold over 135 million…