When Square Enix posted losses this year, and revealed that several key titles like Hitman Absolution, Tomb Raider and Sleeping Dogs had failed to meet sales expectations, Yoichi Wada resigned as president and the publisher ultimately invested a huge amount for making changes across the board.
Of course, there was the issue of what would happen to Wada. Turns out he didn’t leave the company at all – he’s actually succeeding in becoming Chairman of the Board for the company.
According to a listing on Square Enix’s site, Wada is now the incumbent Chairman of the Board as of June 2013.
While we haven’t seen an official announcement from Square Enix concerning the same – though honestly, the above is enough confirmation – it will be interesting to see how his appointment affects future policies. Wada wasn’t necessarily seen in the most positive light following delays on titles such as Final Fantasy X/X-2 Remaster and Final Fantasy Versus XIII (now Final Fantasy XV). However, as of E3 2013, the company appear to be back on track for the time being.