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Today during an Earnings Call for Nintendo, the current President Tatsumi Kimishima announced that he will be retiring from his position and will be replaced by Shuntaro Furukawa (pictured above). Furukawa has been the Outside President of the Pokemon Company since 2012 and has also been Managing Executive Officer, Supervisor of Corporate Analysis & Administration Division and Director of Nintendo. He’s been with the company since 1994.

What’s interesting to note is that Furukawa is 46 years old, significantly younger than Kimishima who is 68. Kimishima stated that Nintendo’s management needed to be younger to understand its audience. He’s only a little bit older than the previous President, Satoru Iwata, who died in 2015 and was succeeded by Kimishima. During the same meeting, it was also revealed that the Nintendo Switch has sold 17.79 million units as of March 31, 2017 and 68.97 million games. More success for the portable hybrid console!