http://www.gameinformer.com/b/news/archive/2015/07/12/nintendo-president-satoru-iwata-has-passed-away.aspx
Nintendo's president and CEO, Nintendo Direct, and Iwata Asks host Satoru Iwata has unexpectedly passed away.
Nintendo issued a notice on its website regarding Iwata's death and announcing his successor. The notice reads, "Nintendo Co., Ltd. deeply regrets to announce that President Satoru Iwata passed away on July 11, 2015 due to a bile duct growth."
In his stead, Genyo Takeda and Shigeru Miyamoto will share the titles of representative director and senior managing director.
Iwata skipped E3 2014 for ambiguous health reasons, and though he also skipped this year's E3, it was not due to health issues.
Before taking on an executive position, Iwata was a talented programmer and worked on notable games like Balloon Fight, EarthBound, and many Kirby games. In 1993, he took a position as president of HAL Laboratories (where he got his start) and moved over to Nintendo in 2000. In 2002, Iwata accepted the role as president of Nintendo.