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Nintendo has named Koji Miyake as its new European CEO and chairman.
He was formerly general manager of the human resources department at Nintendo.
Meanwhile, Stephan Bole will become Nintendo of Europe's COO and president. Bole will be supported by Luciano Pereña as CFO and Laurent Fischer as CMO.
"To say that Mr Shibata's contributions have been instrumental to Nintendo's European operations is an understatement," said Bole, "His efforts over the past 18 years have helped to bring Nintendo products to generations of players across Europe - and beyond. While he will be missed by many, I have full confidence that with our new structure we'll be able to continue our mission of putting smiles on people's faces through our unique gaming experiences."