Joseph Olin steps down as AIAS president, replaced by Martin Rae

Joseph Olin (pictured), president of the The Academy of Interactive Arts and Sciences, has announced he's stepping down to "pursue new opportunities." Part of his AIAS duties included hosting DICE and the Annual Interactive Achievement Awards, the 13th installment of which took place back in February and was streamed through IFC.com.

Taking over the role as AIAS president will be Martin Rae, who will work with Olin throughout the remainder of the year to ensure the 10th annual DICE Summit and subsequent 14th installment in the Annual Interactive Achievement Awards both go off without a hitch. Rae's track record consists of time spent as CEO of Sunleaf Studios, a "virtual world/Internet game company" and time spent at Boss Entertainment, working with both Boss Game Studios and The Electric Playground.

For the full press release, head past the break.
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JOSEPH OLINS RESIGNS FROM ACADEMY OF INTERACTIVE ARTS & SCIENCES

AIAS BOARD INTRODUCES NEW ORGANIZATION PRESIDENT, MARTIN RAE

CALABASAS, Calif., October 4, 2010 – The Academy of Interactive Arts & Sciences today announced that Joseph Olin will be stepping down from his position as President of the Academy to pursue new opportunities. Succeeding him as President will be Mr. Martin Rae who will continue the Academy's role as a champion for the talented men and women who drive the $21 billion interactive entertainment industry.

Since Olin took the helm in June 2004 the Academy membership has increased six-fold from 3,000 to 20,000, elevated the annual D.I.C.E. (Design, Innovate, Create, Entertain) Summit to become the premier video game conference of the year and brought the Interactive Achievement Awards to television. During the past three years, Olin initiated the Academy's first scholarship funds to honor the late Randy Pausch and Mark Beaumont, expanded Into the Pixel internationally and inaugurated the Indie Game Challenge with The GuildHall at Southern Methodist University and GameStop.

"It has been an honor and absolute pleasure to serve the Academy's Board and members," said Olin. "The dynamic nature within the interactive entertainment industry is always best served with new ideas – now is an appropriate time to transition from the Academy in a way that will ensure its continued growth through Martin's leadership and energy. I look forward to working with Martin and the Board as their representative in the months ahead."

Olin will be working with Rae and the Board through the end of the year to insure that the 10th iteration of the D.I.C.E. Summit and 14th Interactive Achievement Awards are successful.

"After a careful and thorough selection process we feel that the Academy of Interactive Arts & Sciences will be under good hands with Martin," said Jay Cohen, AIAS Chairman & President of Development, Jerry Bruckheimer Games. "The Academy truly appreciates the passion and dedication that Joseph brought to the organization for so many years. The positive momentum that the organization enjoys today is a result of his team's efforts. We have no doubt that Joseph will be successful in whatever he pursues and wish him well. "

Rae has held extensive executive level leadership positions in a number of video game, entertainment and start-up company efforts. Previously, Rae served as the CEO of Sunleaf Studios, a virtual world/Internet game development company and the developer of Pandanda.com and various CEO positions at Boss Entertainment, including Boss Game Studios and The Electric Playground.

"I am honored to have been selected by the Academy's Board," said Rae. "The Academy has made tremendous progress under Joseph's stewardship and I look forward to building on those accomplishments."

This article was originally published on Joystiq.