According to GamesIndusty.biz, Midway�s CEO, David Zucker, has resigned from the company after nearly 5 years. Senior VP, Mathew Booty is taking over temporarily as the company searches for a new CEO. Mathew Booty has been with the company since 1991.

Midway has recently gone through some financial woes , where the company has recently lost 97.4 million USD. In the midst of all this information, Chairman Shari Redstone remains optimistic about finding a new capable CEO, "The board is confident that a new CEO will be selected who can fully utilize the opportunities presented by this next-generation console cycle to renew Midway�s position as a major player in the video game industry," said Redstone.

Credits: IGN and SYN Romance