THQ's financial status has been on a roller coaster ride. Prior to its recent quarterly report, the publisher and developer of video games said that things are looking good for the company.

However, the last report indicated that the predictions were rather premature as THQ suffered losses the past few months. Now THQ is announcing that its Executive VP and Chief Financial Officer Edward Zinser has stepped down from his position.

As much as we don't want to connect these two scenarios, we really can't help it especially when no reason was given for the resignation. All THQ said that it was a "mutual understanding" on both Zinzer's and the company's part.

"THQ has a deep and experienced management team. We are confident in our position and remain focused on continued execution on our strategy for long-term growth," was everything THQ Chairman, President, and CEO Brian Farrell had to say about the matter.

Edward Zinser was temporarily replaced by Rasmus van der Colff who is currently manning the Vice President and Controller positions in THQ.