JW “Bill” Stealey: Founder - iEntertainment Network, Chairman
Mr. Stealey is an Air Force Academy Graduate, Command Pilot, and retired Lt. Colonel, USAF, who founded MicroProse Software in 1982 with famous game designer Sid Meier, author of Civilization, one of the longest running game series of god Games.
Mr. Stealey graduated from the Wharton School of Business in 1977 and joined McKinsey and Co. as a Management Consultant in the New York, NY, office. He also served as CFO of the East Coast Division of US Lines and had over 300 employees in his accounting department and understands financial and cash flow management.
Mr. Stealey was the CEO and President who grew MicroProse from $30,000 in sales in 1982 to over $43 million in annual sales by 1993. In the 1980’s list of best computer games, MicroProse Software had 23 of the top 100 games of the decade. MicroProse Software was famous for its line of military simulation games including F-15 Strike Eagle, Red Storm Rising, Silent Service, F-19 Stealth Fighter, Gunship, and Sid Meier’s Civilization.
Mr. Stealey took the company public in 1991 and sold it to Kleiner Perkins venture company in 1993.
In 1995, Mr. Stealey founded iEntertainment Network as Interactive Magic. He grew the company to over $23 million in sales in less than 4 years, launched the very first online games with www.IamGame.com and the company WarBirds franchise, (www.TotalSims.com).
Mr. Stealey took the company public on the NASDAQ in 1998. He sold to a venture capital firm in 1999. In 2002, Mr. Stealey and a group of Young President Organization members, purchased enough IENT stock to take control of IENT.
Mr. Stealey has spent the last number of years at IENT eliminating massive debt left by the venture firm, and rewriting all the company software and games for future growth.