Nintendo CEO is awesome
I already admired Nintendo CEO Satoru Iwata for his impressive accomplishments, and for being true gamer and developer, rather than just a profit-driven businessman. “On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer.” (From speech at E³ 2005)
However yesterday, he became even cooler. After Nintendo announced the company’s first-ever quarterly loss, Iwata told shareholders that he takes the blame for disappointing 3DS sales and will cut his own salary in half. Other high-level executives will also see their paychecks slashed between 20 and 30 percent.
Now when is the last time you heard of a CEO take blame? How about one cutting their own salary?