Take-Two Interactive Software, Inc. has announced the resignation of Karl Winters, Chief Financial Officer, effective immediately. Lainie Goldstein, who currently serves as the company's Senior Vice President of Finance, has been named interim CFO until a permanent replacement is named. The Take-Two says it is working with Winters "to ensure an orderly and effective transition".

Ms Goldstein is a CPA with over 15 years of financial and business experience in the software, entertainment, retail and apparel industries, including more than 8 years overseeing the finance function of publicly traded companies.

"Karl oversaw finance at Take-Two during challenging times for the company," said Ben Feder, Take-Two's Chief Executive Officer. "We thank Karl for his years of service to Take-Two. He was instrumental in assembling a highly competent financial team that will serve us well in the future. We appreciate Karl's hard work and his continued support during the transition."

A search for a permanent CFO is underway.