Hands-On CEO and President Resign; COO Running The Company
All the turmoil at mobile games and content publisher HandsOn has taken a new and perhaps final turn: CEO Jonathan Sacks and president John Rousseau have been pushed out, after being lame duck for a while. As we mentioned back in March, COO Lynn Crawford is now running the show. Sacks will continue to be on the board.
The company is looking for a new CEO. Sacks joined the mobile gaming firm (then known as Mforma) two years ago, with the intention of integration its various acquisitions and then head to an IPO. The company had to scale back on its initial ambitions, after some of its many acquisitions went south, and integration and management issues dogged them, besides the macro mobile content market issues. For more on the company, read our dedicated company section here.
It's about time!
about time, these no-nothing over paid jerks were all talk, company sucks bad but sucks not as bad now, HOMO employees get your resums on craigslist, no investors are saving this one
Absolute idiot! Drove the company to the ground.
Rampant executive turnover hampered Jonathan's vision. At least 17 VP and "C" level execs bailed on the company in the past two years. Only Rousseau had the guts to stand behind Sacks 'til the end. Too bad Sacks didn't get more time and support from the VC and board (and bitter employees like you lot!) to build a great company and reach IPO.
Now all the US jobs can be offshored to EMEA.
Job Description:
Brand Manager (To £35k) Macclesfield / London
Responsibilities include product pipeline and new product development – from conceptual scoping, through business case building, then management of the idea through the npd stages into the market, the ongoing support and maintenance of the products.
http://www.topjobs.co.uk/ShowJobInFull~ID~97850~sch~5.aspx
Pat B – are you sure you last name isn't Sacks? This company has a solid infrastructure but has been poorly since it changed it name to HandsOn from Mforma….good acquisition target this is great first step…beacuse the problems start at the top! Sacks was given way too long!
Pat B – are you sure your last name isn’t Sacks? This company has a solid infrastructure but has been poorly run since they changed their name to HandsOn from Mforma….good acquisition target…because the problems start at the top! Sacks was given way too long!
Muhahahaha!
Common Sense, it's not since they changed their name, it's more since they hired Sacks!
It's great news, but too late. There is nothing really left there that would justify the amount of invested money thanks to Sacks.
I wonder how the board feels about its performance. There are basic rules like firing the CEO after two or three bad quarters in a row. Sacks managed to mystify them for more than two years…
memoriessss ohh memoriess
http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2006/05/01/story2.html?t=printable
I wonder why Barry wasn't forced to resign from the board. He was Jonathan's accomplice in all of this. Perhaps he and Jonathan are left on the board to say 对不起 duìbuqǐ to Mr. He.