Iwata becomes CEO of Nintendo of America
Reggie Fils-Aime to report directly to global president
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Nintendo has announced that global president Satoru Iwata is taking on the additional position of Nintendo of America CEO.
Current US president and chief operating officer Reggie Fils-Aime will report directly to Iwata.
The management shuffle comes following disappointing full-year profits, in which Nintendo failed to hit Wii U and 3DS sales targets.
Iwata will take over from Tatsumi Kimishima, who will be taking on a new role of general manager of Nintendo Japan. Four directors of Nintendo are also due to retire by the end of June.