Leaving to form trade association in investment industry.

How do you work with video games for 12 years and then decide starting a trade association in the investment industry is a good career move? Sounds like there’s more money. It’s likely a contributing factor to Douglas Lowenstein’s departure from the Entertainment Software Association, a rumored move that became official this afternoon.

“I have been honored to represent the amazing companies of the ESA, to serve as their advocate and to be part of an industry which is having such a profound and positive effect on our culture and the world of entertainment,” said Lowenstein in the announcement release. “Like our industry, the ESA has grown and matured and is now stronger and more robust than ever before. The future of video games and its trade association is very bright indeed.”

Lowenstein will remain at the ESA until early 2007 while the organization searches for a replacement.
Source: gametab.com