Non-executive director quits SCi board

SCi (soon to be Eidos PLC) announced that Aaron Brown has stepped down as non-executive director of the company, just about four months after joining. Brown worked for investor Robert Tchenguiz and no reason was given for the resignation, nor does the company have any plans to replace him.

We weren't sure what this meant, so we picked up the bat phone and asked Wedbush Morgan analyst Michael Pachter what the dealio is. He told us it's "impossible to read anything into this." Explaining that Brown was Tchenguiz's rep on the board. Tchenguiz could have wanted him to do something else or perhaps Brown got another job. SCi has gone through several shake-ups lately after losing $177 million last year.