Feeds

Infinium CEO quits after 14 weeks

Bachus bails

Beginner's guide to SSL certificates

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, too.

"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".

When The Register spoke to him in September, Bachus said his immediate goals were to put the company's "house in order" - to put a more formal corporate structure in place and make the business a more attractive proposition for investors.

It's not clear how successful Bachus' efforts to find funding have been. Certainly, Infinium didn't address that aspect of his role directly today. Koler said that Bacchus' efforts had "helped put our operational planning on track and has helped create awareness for the company in the industry".

Bachus' industry connections may well have encouraged it to consider Infinium and its proposed Phantom games console and broadband content delivery service a more serious player than before. But it remains the case that delays have caused observers to wonder whether the much-hyped system will ever see light of day.

Phantom was first scheduled to ship late 2003, then in November 2004. After that launch was delayed, Infinium stopped mentioning launch schedules in public. All Bachus would say when we asked him was "sooner rather than later". ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.