COO to step in following layoffs and sale of cloud gaming company

OnLive replaces Perlman as CEO

OnLive has revealed that Charlie Jablonski will take over just days after saying Steve Perlman would remain CEO.

The cloud gaming service shed half its staff and was on the verge of going belly up when it was bought last week by Lauder Partners, LLC.

Jablonski was COO of the company founded by Perlman, and will serve as interim CEO for the new OnLive, which was reformed with the same name.

Perlman has departed to work on his "myriad of other projects," said Onlive.

“Steve has created an extraordinary company that no one else could have created,” said Lauder Partners managing director and newly appointed Onlive Chairman Gary Lauder.

"He is a unique entrepreneur and deserves his legendary status in Silicon Valley as a creator of groundbreaking companies."

There was a great deal of controversy over the ealier announcement to keep Perlman as CEO, but there is no word as to whether or not this move should be seen as a reaction.

The press release instead chose to focus on the company’s "greater financial security and the possibility of new hires in business development and senior marketing positions.

“I spent my first week with OnLive listening- to gather people’s thoughts and suggestions," said Lauder.

"It’s an impressive group, and I am even more convinced that this company is poised for greatness.”

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