THQ on turnaround: The heavy lifting is done

CEO Brian Farrell believes that the worst is behind THQ as the publisher continues to rebuild.

"We want to show the shareholders that the heavy lifting is done," Farrell told Gamasutra. "The last six months have been an exercise in great pain and suffering. We feel like we’re getting there.

We’ve taken a lot of negative things in the press – and frankly a lot of that was deserved. This company has changed. We have strong, new leadership. Look at our fourth quarter earnings. It’s starting to come together."

Despite his confidence, however, Farrell did concede that there’s no room for manoeuvre, adding: "We don’t have a lot of room to run, so we’ve got to execute flawlessly.

"I’ve been doing this long enough to know that at the end of the day, the product will drive the stock price. When it will happen, we don’t control that. So the focus is on getting great products both in the near term and the long term."

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