Embracer CEO Lars Wingefors will step down as CEO; deputy Phil Rogers will take his place
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Summary
Gaming firm Embracer’s CEO Lars Wingefors is stepping down from his position, with deputy CEO Phil Rogers taking over in August.
Wingefors will remain with the company and become its executive chairman of the board, while also becoming a board member of the Coffee Stain Group.
The CEO position at Embracer has been controversial, with the Swedish CEO having to lay off staff, sell and close studios after a post-pandemic slowdown.
Rogers joined Embracer in 2022, when it bought Eidos Montreal.
In a statement, Wingefors said he was “incredibly proud” of the company’s achievements, and said he was confident Rogers would be a success in the role.
Wingefors will remain with the company and become its executive chairman of the board, while also becoming a board member of the Coffee Stain Group.