Shareholders Vote To Keep Satoru Iwata On Nintendo’s Board Of Directors

By Ishaan . June 27, 2014 . 10:29am

Earlier today, Nintendo held their 74th Annual General Meeting of Shareholders, where the company’s shareholders voted on Nintendo’s Board of Directors.

 

Nintendo have announced that company president Satoru Iwata, alongside other former members of the board, was re-elected by shareholders, along with one new candidate, a Mr. Naoki Mizutani, who previously served as a corporate auditor.

 

Additionally, Iwata, Shigeru Miyamoto and Genyo Takeda will continue to serve as Nintendo’s representative directors.

 

You may recall that there was some concern Iwata would not be re-elected to Nintendo’s Board of Directors earlier in the year. Alongside Nintendo’s drop in profits, Iwata’s approval rating among shareholders had been plummeting as well. However, it would appear that his position is safe, at least for the next year.

 

Iwata himself could not, unfortunately, attend the shareholder meeting. He is currently in the process of recovering from surgery due to a bile duct growth. Iwata has already resumed work via e-mail and other means as he recovers.


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