Yosuke Matsuda, the person who's in line to be the next President at Square Enix, spoke on some changes that he plans to implement once Yoichi Wada steps down in a few months.
These changes will start by reviewing "all Square Enix duties, business and assets on a zero-based budgeting standpoint". He will also look to "fundamentally review what works and what doesn't work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn't".
On top of re-evaluating current business practices, Matsuda has also stated that he wishes to place Phil Rogers, the CEO of Square Enix Europe, as the new director of Square Enix Holdings.
Matsuda hopes that the two of them can work together to make up for the companies loss of 13 billion yen that was the main reason for Yoichi Wada stepping down from the helm of the company.
Not one to be left out in the rain, current President Yoichi Wada announced that he will stay with Square Enix after his resignation as a non-management employee "to work on site as a way to pay my debt to the company."
Source: Final Fantasy FXN