By Quinton Miles

Take-Two President Paul Eibeler has been given the additional role of Chief Executive Officer, according to an announcement by the company today. He assumes the position from Richard Roedel, who will remain with Take Two as Chairman of the Board of Directors.

“Take-Two is an exciting company, with a leading position in the video game industry, a proven track record of innovation, and significant financial capacity,” Mr. Eibeler noted. “I am honored by the confidence placed in me by the Board of Directors. As CEO, I look forward to continuing to work with our management team to further enhance and expand our business. I also want to thank Rich Roedel for his leadership during an important growth period for our Company.”

Eibeler, 49, has been President and a director of Take Two since April of last year after stints at Acclaim and Impact, Inc.