2K Sports 2003 Annual Report Download - page 7

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further reinforcing Jack’s leadership posi-
tion in the value segment of the business.
On a personal note, I am extremely hon-
ored that the Board of Directors has
asked me to serve as Chairman and
Interim Chief Executive Officer. There
have been a number of other executive
changes this year, notably the decision by
our founder, Ryan Brant, to relinquish his
role as Chairman in order to concentrate
on our publishing business, the return of
Paul Eibeler as President, and the
appointment of company veteran Gary
Lewis as Global Chief Operating Officer.
These changes demonstrate the pool of
management talent we have to draw
upon.
Fiscal 2003 was an exceptional year for
Take-Two. Our success has afforded Take-
Two the opportunity to attract and retain
some of the best creative talent in the
industry and to be opportunistic,
responding to market trends and refining
our operations to maximize profitability.
We believe there is tremendous opportu-
nity for Take-Two in 2004 and beyond.
Thank you for your interest in our
company and your continued support.
Richard W. Roedel
Chairman of the Board and
Interim Chief Executive Officer
5
Jack of All Games
Jack of All Games is the largest distributor of
video game software, hardware and acces-
sories in North America. Jack distributes all
Take-Two published products, as well as front
line products from all major publishers. They
have capitalized on the growing installed base
of hardware and proliferation of software
titles and outlets to purchase software, by
emphasizing sales of both exclusive and non-
exclusive mid and budget-priced software to
their expanding customer base.