Square Enix have unveiled their new President, Yosuke Matsuda, at a press conference in Japan yesterday. In a series of changes, Square Enix Europe’s Phil Rodgers will become the new CEO of Square Enix Holdings.

At the conference, Matsuda outline his intention to review the company’s entire portfolio.

“Due to the radical change of environment, I’d like to fundamentally review what works and what doesn’t work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn’t,” he said.

Former President and CEO Yoichi Wada’s resignation will go into effect in June this year. Wada will remain with the company but his role has yet to be clarified.

“As an employee, I believe it is my duty to help the company and give proper results from it,” Wada said. “I will be retiring from the line of management, but I plan to work on site as a way to pay my debt to the company.”

Source: Games Industry International