3DO announces new executive appointment.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--May 8, 1997--The 3DO Company today announced that Terrence J Terence Jenkins (born July 12, 1983 in New York City, New York, United States) is an American television personality and one of the current hosts of the popular Black Entertainment Television show 106 & Park. . Schmid, 33, has been promoted to vice president and chief financial officer. On the heels of the recent agreement with Samsung Electronics Samsung Electronics (SEC, Hangul:삼성전자; KSE: 005930, KSE: 005935, LSE: SMSN, LSE: SMSD) is a South Korean multinational corporation and the world's largest and leading electronics and information technology company. Co. to purchase 3DO's hardware systems business for $20 million, the company caps its management staff and completes its final transformation into a video game software company. As CFO See Chief Financial Officer. , Schmid is responsible for overseeing all finance and accounting functions for the company in addition to all SEC reporting and investor relations Investor relations The process by which the corporation communicates with its investors. functions. Schmid, a software industry veteran, came to 3DO in April of 1996 from Electronic Arts. His knowledge of software development from a finance and business perspective rounds out 3DO's management team known for their shrewd business dealings and knowledge of the gaming industry. He will report to Trip Hawkins William M. 'Trip' Hawkins III (born December 28[1], 1953) is a Silicon Valley American entrepreneur and founder of Electronic Arts, The 3DO Company and Digital Chocolate. , 3DO's chairman, chief executive officer and president, a video game industry visionary whose credits include everything from founding Electronic Arts to designing one of the greatest sports games on the market today, John Madden Football. "Terry has been an integral part in getting our software studio headed down a road to success and profitability," said Trip Hawkins, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , The 3DO Company. "In his new capacity he will continue to deliver on the high standards of accountability he has set for our development teams and look out for our shareholders investments as 3DO carves out a leadership position in the video game software industry." The 3DO Company is headquartered in Redwood City, Calif. With offices in North America and Europe, the company creates and publishes advanced entertainment software titles for personal computers, the Internet and 32-bit and 64-bit video game platforms. -0- NOTE TO EDITORS: 3DO, and the 3DO logos, are trademarks and/or registered trademarks of The 3DO Company. All other product names are trademarks of their respective owners. CONTACT: The 3DO Company Tuesday Uhland, 415/261-3142 tuesday.uhland@3do.com |
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