roxaskey said:
But Yamauchi wasn't fired. He retired due to his age. And if he didn't have someone like Iwata, he'd probably still be President of Nintendo. He didn't even trust his son-in-law enough to give him power over the entire company. And after he gave his position to Iwata, he was still Chairman of the Board of Directors. Then 3 years later he left because he felt the company was in good hands, and didn't even accept his retirement pension because he thought Nintendo could make better use of it. |
His retirement was from the board of directors in 2005, Iwata took over from him as President in 2002 after he was made to step down when the rest of the top brass felt it's time for a new direction as well as his age, he remained a chairman on the board for 3 years until 2005 when he retired from old age.