Infinium CEO quits after 14 weeks

**MIG-31** · Nov 21, 2005, 09:27 PM

Kevin Bachus, the ex-Microsoft Xbox chief who took charge of online games service Infinium Labs in August, has quit the company after barely three months on the job.

Stepping in to fill the now-vacant CEO post is Greg Koler, who was head of Infinium's European operations. Koler is now Interim CEO. He's also the company's CFO and President. He may even be the guy who makes the tea.

The Company plans to enter into a definitive employment agreement with Mr. Koler in the immediate future," the firm's latest filing with the US Securities and Exchange Commission (SEC) notes.

Bachus assumed the hot-seat on 15 August after company founder and CEO Tim Roberts stepped down to become chairman of the board. Bachus originally joined Infinium in January 2004 as President. He resigned both positions, plus that of acting CFO, on 17 November.

Infinium said simply Bachus quit "to pursue other opportunities".
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Tipstaff · Nov 21, 2005, 11:43 PM

I remember reading an article not too long ago (Nov.1) about Infinium being under investigation by the SEC. Now, I don't know how this got the majority news groups (most likely cuz people just don't give a $#!^ anymore), but THIS article and related info might shed some more light on things.

Given that article I wouldn't doubt if Kevin jumped ship while he still had a reputation to salvage.

Nov 21, 2005, 09:27 PM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,854 Rep Power: 471 System Specs	Infinium CEO quits after 14 weeks Kevin Bachus, the ex-Microsoft Xbox chief who took charge of online games service Infinium Labs in August, has quit the company after barely three months on the job. Stepping in to fill the now-vacant CEO post is Greg Koler, who was head of Infinium's European operations. Koler is now Interim CEO. He's also the company's CFO and President. He may even be the guy who makes the tea. The Company plans to enter into a definitive employment agreement with Mr. Koler in the immediate future," the firm's latest filing with the US Securities and Exchange Commission (SEC) notes. Bachus assumed the hot-seat on 15 August after company founder and CEO Tim Roberts stepped down to become chairman of the board. Bachus originally joined Infinium in January 2004 as President. He resigned both positions, plus that of acting CFO, on 17 November. Infinium said simply Bachus quit "to pursue other opportunities". _______________ Read More: The Register __________________ Please Post Your News Submissions Here

Nov 21, 2005, 11:43 PM	#2
Tipstaff HardwareHeaven Extreme Member Join Date: Jul 2002 Location: Real capital of Canada: Torauna Posts: 6,773 Rep Power: 191 System Specs	I remember reading an article not too long ago (Nov.1) about Infinium being under investigation by the SEC. Now, I don't know how this got the majority news groups (most likely cuz people just don't give a $#!^ anymore), but THIS article and related info might shed some more light on things. Given that article I wouldn't doubt if Kevin jumped ship while he still had a reputation to salvage. __________________ Portal: The Flash Version _________________________________ Brain: So, you sacked the cocky khaki Kicky Sack sock plucker? Mr. Sackett: The second cocky khaki Kicky Sack sock plucker I've sacked since the sixth sitting sheet slitter got sick.