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Yamauchi Quits Nintendo
Hiroshi Yamauchi, who has been Nintendo’s president for over 50 years, will be replaced by Satoru Iwata at the end of this month.
Iwata, who is aged at 42, currently is a board member at the Kyoto-based company and is head of Nintendo’s business planning department. He joined Nintendo in June 2000.
Source: Planet Gamecube