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15 years ago

MLG CEO resigns as founders feel they grow too fast

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Matthew Bromberg, CEO of the professional video gaming league Major League Gaming (MLG), resigned from his position this week.

Reason is, reports VentureBeat.com, that a difference in how the company should grow. Bromberg was not in agreement with the founders' ambitions to grow more slowly.

- "That isn't in my nature, and was not my plan. We all agreed it was the best to find a new CEO to execute this strategy," said the four and a half year long CEO.

Founder Sindance DiGiovanni, founder and chief brand officer, will jump in as temporary CEO with a change of speed.

- "We had a recent board meeting with divergent opinions about the focus for the company," DiGiovanni said. "We are not changing the plan. It’s just a change in the velocity at which we are attempting to travel."

MLG has ran Pro Circuit events since 2002 and just recently announced that World of WarCraft will be on the 2010 PC Pro Circuit. A cash prize of $15,750 is thrown into the pool for the World of WarCraft Arena tournament.
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