April 24, 2013
(NASDAQ: GIGM) today announced the appointment of
as Chief Operating Officer of its FunTown online games business; Ronald joins the team as part of the company's new strategic repositioning/growth initiatives focused on extending FunTown's online game platform with self-developed casual browser/mobile games.
Mr. Ronald's proven leadership and know-how bring to GigaMedia the necessary expertise to advance the company's growth across
"Ronald is a trusted leader with a wealth of experience in
who consistently delivers results," stated GigaMedia Limited Chief Executive Officer
. "I have tremendous confidence in his ability to align Giga's games business with industry trends and leading practices and drive growth in
"GigaMedia's strategy has never been more focused – more compelling," stated FunTown Chief Operating Officer
. "I am excited to help lead the business to its next phase of innovation and growth tied to operational excellence."
Ronald joins GigaMedia from Gamania China Digital Entertainment Co., Ltd., a
-listed online games leader with 2012 revenues of approximately
and operations across
. During his successful 13-year career at Gamania, Ronald was instrumental in driving growth and held a number of positions. Most recently, he served as chief operating officer of
operations, leading Gamania's overall
market strategy and execution, including internal development of browser/Web games.
GigaMedia expects extension of its online games business to self-developed browser/mobile games to drive growth and improved performance. Management plans to begin launching new self-developed casual social games in browser/mobile formats in the second half of 2013, including reformatted versions of certain of GigaMedia's existing popular PC-based casual games and all-new games.