Paul Pucino, who had been the head of finance at THQ since 2009 has resigned. The company is experienceing hard times on the brink of bankruptcy.
THQ CEO Brian Farrell said in regards to Pucino’s resignation:
“We would like to thank Paul for his significant contributions over the past four years and wish him well in his future endeavors”
THQ is now in an agreement with Wells Fargo for loans till they can get back on their feet:
“We are pleased to have reached an agreement with Wells Fargo,” Farrell says. “This agreement enables us to continue focusing on bringing our games in development to market. Meanwhile, we are evaluating financial alternatives that will transition the company into its next phase.”
This new development will allow THQ to finish the titles currently in development and we can only wish the best for them.