OnLive CEO Steve Perlman leaves troubled cloud gaming service

Gerald Lynch Gaming, Tech Digest news Leave a Comment

Onlive-controller.pngAfter a difficult week for cloud gaming service OnLive, CEO Steve Perlman has now left his post at the helm of the novel gaming company.

Originally thought to be continuing in his top-tier role at the company following its sale and extensive job cuts last week, Perlman is now moving on to pursue “his myriad of other projects”, according to Gary Lauder, who now stands as the company’s new sole investor.

“Steve has created an extraordinary company that no one else could have created. He is a unique entrepreneur and deserves his legendary status in Silicon Valley as a creator of groundbreaking companies,” said Lauder.

“The new OnLive is emerging with greater financial security and a brighter outlook on the future. OnLive is now positioned to execute against longer-term projects with our breakthrough technology, products and services.”

It is rumoured that former OnLive employees who are currently being approached about rejoining the company requested that Perlman leave before they would consider taking the new positions.

Gary Lauder is now chairman of OnLive, promoting Etienne Handman from chief operating officer to chief financial officer. Charlie Jablonski, the former head of OnLive operations, will become the new COO.

Via: The Verge

By Gerald Lynch | August 28th, 2012