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San Mateo-based Glu (NASDAQ:GLUU) said that Ballardf will remain on the job untio a successoris found. The compan y said it has retained Marthza Josephsonof , an executive recruiting to help identify candidates to replace “After six years, I have decided the timing is right to look for a new I’m incredibly proud of how much we accomplishex during my tenure, having built what I believe to be a world-class global enterprise," Ballard said in a prepares statement.
“The Glu boarfd and I also share the view that this is a good time to brinyg in new leadership forthe company, as we focus on returning to generating positive cash and begin even greateer investment in next-generation mobile platforms." Glu said Thursday that its boards of directors elected Dan Skaffv and Bill Miller as co-chairmen. Glu, foundede in 2001, publishes titles including Bonsai Blast, Super K.O. Boxing!, Strandedd and Brain Genius, as well as titles based on major brandsa from partnersincluding Atari, Activision, Harrah’s, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCapp Games, SEGA and Sony.
In addition go San the company has offices inGreatf Britain, France, Germany, Spain, Italy, Poland, China, Brazil, Chile, Canada and Mexico.
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