Nintendo president Satoru Iwata passes away at 55

Satoru Iwata, president and CEO of Nintendo, died on Saturday at the age of 55. Nintendo said in a brief press release issued on Monday Japan time that Iwata's death was related to a bile duct growth, a medical condition which has kept him from traveling outside of Japan in recent years.

Iwata began his career in video games at HAL Laboratory as a programmer in the '80s, later working his way up the ranks at Nintendo and eventually succeeding longtime president Hiroshi Yamauchi in 2002.

Shigeru Miyamoto and Genya Takeda continue to serve as Nintendo's remaining two representative directors.