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[ December 7th 2000 ]

Rumours suggesting that Eidos chairman Ian Livingstone was about to relinquish his role, fueled by the companies reluctance to make a definitive comment on the situation, have been denied by Eidos, according to a report by MCV. Mike McGarvey, Eidos recently appointed CEO, has said that the rumours are misplaced and Livingtone will play a big part in the companies future.

"While Eidos has announced that we are seeking to appoint a third independent non-executive director, we have at no time said we are looking for a new chairman. Ian is the executive chairman of Eidos and is central to our plans for the future."

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