Shanda Games has announced that senior vice president of business development Tunghai Chien has been named the company’s new president. At the same time, the Chinese game company revealed Grace Wu will be stepping down from her position as director.
“I am honored to have been entrusted with this opportunity to aid the company in further strengthening its franchises and delivering its expanding portfolio to various new platforms and distribution channels,” said Chien. “The company has undertaken numerous initiatives in an effort to adapt to a rapidly changing environment since I first joined. Each of these changes brings along new opportunities and challenges which we intend to take advantage of. I look forward to working closely with the company’s talented employees as we start 2013 on a solid footing.”