Ex Nintendo President, Hiroshi Yamauchi, Dies Aged 85
Hiroshi Yamauchi, the third President of Nintendo, has sadly passed away today at the age of 85. Yamauchi first took the top position at Nintendo in 1949, when it was still a trading card company, and was instrumental in turning the company into one of the market leaders in video games worldwide. He was succeeded as Nintendo President by Satoru Iwata in 2002 but continued to work in an advisory capacity. Satoru Iwata released the following statement regarding the sad news:
The entire Nintendo group will carry on the spirit of Mr. Yamauchi by honoring, in our approach to entertainment, the sense of value he has taught us – that there is merit in doing what is different – and at the same time, by changing Nintendo in accordance with changing times.