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Acclaim Entertainment names Jim DeRose president of North American operations.


GLEN COVE Glen Cove, city (1990 pop. 24,149), Nassau co., SE N.Y., on the north shore of Long Island, at the entrance to Hempstead Harbor; settled 1668, inc. as a city 1918. , N.Y.--(BUSINESS WIRE)--Oct. 3, 1996--In a move to strengthen domestic operations, Acclaim Entertainment, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:AKLM AKLM Acclaim Entertainment, Inc. (stock symbol) ), a leading worldwide interactive entertainment company, today announced the appointment of Jim DeRose as president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Acclaim's North American Operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. , effective immediately.

Mr. DeRose and Rod Cousens, president of Acclaim Europe, report to Gregory Fischbach Gregory Fischbach (known to many as Greg Fischbach) founded video game publisher Acclaim Entertainment, Inc. in 1987 and was its CEO until its bankruptcy in 2004.

Mr. Fischbach addressed the United States Senate regarding Internet privacy and ESRB ratings.
, Acclaim co-chairman of the board, president and chief executive officer.

"Acclaim is creating a more effective organization as part of our plan for the systematic and strategic revitalization of our business. As the industry evolves and our Company matures, we are fortunate to have a strong management team led by business professionals like Jim. He has demonstrated entrepreneurial instincts, vision and corporate expertise," Mr. Fischbach said. "We are working toward Acclaim's return to profitability and view this executive appointment as another important step in managing through a transitional period."

Mr. Fischbach has taken on the additional role of president after Robert Holmes Robert Holmes may refer to:

Politicians:
  • Robert D. Holmes (1909–1976), governor of Oregon
  • Robert A. "Bob" Holmes, Georgia state legislator
  • Robert E.
 stepped down this week as president and chief operating officer. Holmes remains available to the Company to consult on specific projects and opportunities that become available to the Company. James Scoroposki continues as co-chairman of the board with Mr. Fischbach.

"Rob Holmes served Acclaim over a critical nine-year period, and we are grateful for his generous contribution of time and talent. Going forward, we are fortunate that Rob has agreed to work with us even as we make changes in the Company's structure to help us operate more effectively," Mr. Fischbach said.

Mr. Cousens, as president of Acclaim Europe, is responsible for the expanding activities of the Company's European subsidiaries. He joined Acclaim in 1991 from Activision U.K. Ltd., where as vice president he directed product development, sales, marketing and distribution throughout Europe.

Mr. DeRose joined the Company in 1995 as president of Acclaim Interactive and has directed all domestic operations as they relate to the Company's interactive entertainment software projects for PCs and other video game systems. He joined Acclaim from Mattel U.S.A., where as president he was responsible for Mattel's domestic operations.

Before co-founding Acclaim with Mr. Scoroposki in 1986, Mr. Fischbach was president of RCA Records RCA Records is one of the flagship labels of Sony BMG Music Entertainment. RCA Records was founded in 1901 as the Victor Talking Machine Company, and the RCA initials stand for Radio Corporation of America, which was the parent corporation in the pre-BMG days.  International, directing the division's activities outside the U.S. Also reporting to Mr. Fischbach are Acclaim Coin-Operated Entertainment, Inc., with headquarters in Mountain View, Calif. and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 City-based Acclaim Comics, Inc.

Acclaim Entertainment, Inc. is a leading worldwide publisher of software for Nintendo, Sega, Sony, personal computer and CD-ROM CD-ROM: see compact disc.
CD-ROM
 in full compact disc read-only memory

Type of computer storage medium that is read optically (e.g., by a laser).
 hardware systems. Acclaim also publishes comic books under a variety of imprints; develops coin-operated arcade and ticket-redemption games; operates blue screen and motion capture studios; and, through A.D.I., globally sells and distributes products from a variety of entertainment software publishers including Interplay, Marvel, Pulse Entertainment and Take 2. Acclaim has a joint venture with Tele- Communications, Inc. for electronically distributed interactive entertainment.

CONTACT: Nancy Tully

Acclaim Entertainment

516/656-5000
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 3, 1996
Words:484
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