- Nintendo (OTCPK:NTDOY) reports that its CEO and president, Satoru Iwata, has died at 55 from a bile duct growth.
- Iwata had taken an extended leave last year to address the growth.
- His passing leaves two representative directors at the company, it said in its release: Genyo Takeda and Shigeru Miyamoto, both senior managing directors.
- Miyamoto, a legendary game creator for Nintendo, last month discussed his own succession and noted that younger members of his teams were stepping up.
Nintendo CEO Iwata dies at 55
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