Business Context and Reporting Period
This Form 8-K Current Report was filed by Take-Two Interactive Software, Inc. on March 17, 2006, covering events occurring on March 14, 2006. The filing addresses corporate governance changes specifically regarding the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel appointments and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of John F. Levy to the Company's Board of Directors and as Chair of the Audit Committee. Mr. Levy is designated as a financial expert under SEC rules.
Management Commentary and Background
- Professional Background: Mr. Levy is the CEO of Board Advisory Services and CFO of Universal Food & Beverage Company.
- Experience: He previously served as CFO for MediaBay, Inc. for over seven years and holds a CPA license with nine years of experience at major public accounting firms (Ernst & Young, Laventhol & Horwath, Grant Thornton).
- Education: He holds a BS in economics from the Wharton School and an MBA from St. Joseph's University.
- Other Roles: He serves as a director for IBuyDigital.com Inc.
Investor Verification Checklist
- Verify the effective date of John F. Levy's appointment to the Board and Audit Committee.
- Confirm Mr. Levy's status as a designated financial expert under SEC regulations.
- Review any potential conflicts of interest related to his concurrent roles at Board Advisory Services, Universal Food & Beverage Company, and IBuyDigital.com Inc.
- Note that this filing contains no financial results; refer to the most recent 10-K or 10-Q for financial metrics.