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Moravek joins THQ as company escapes NASDAQ delisting

Ron Moravek has been appointed Executive Vice President, Production reporting directly to THQ President, Jason Rubin.

The Relic Entertainment co-founder has over 14 years of experience in the videogame industry as both a creative development executive and business entrepreneur.

As well as co-founding Relic, Moravek was VP and COO of Electronic Arts, Canada and co-founded and ran two different software companies. Most recently, Moravek served as a senior advisor to NuCaptcha, a cloud-based internet security platform, where he was responsible for developing the go-to-market and business growth strategy for their enterprise platform.

“Ron is an exceptional development executive with unique perspective on the industry from both a creative and business point of view,” said Rubin. “His entrepreneurial experience as well as his ability to drive dynamic teams is a great fit for our strategic objectives. Additionally, Ron’s experience building high-quality products will help us continue to deliver great games and build upon our foundation to innovate digitally in the future.”

“I am thrilled to be re-joining THQ and to be working with Jason and the development teams around the world to deliver high-quality games and digitally connected experiences,” said Moravek. “There are many exciting changes affecting the videogame industry today, and I look forward to building new games and experiences with Jason and the team at THQ.”

In related news, THQ has also announced that it has escaped the threat of being delisted from the NASDAQ stock exchange.

THQ was under threat after its share price remained under the minimum $1 requirement, however the publisher announced a reverse split on its shares, converting every 10 shares of company stock into one share and at the same time, boosting the share price to over $5.

Edited On 24 Jul, 2012

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