Pete Parsons, the gaming business veteran who has led Future maker Bungie for the previous decade, introduced Thursday he’s stepping down as CEO.
In a press release posted to Bungie’s web site, Parsons referred to as his time on the Bellevue, Wash.-based studio “the consideration of a lifetime.”
“I’m deeply pleased with the worlds we’ve constructed collectively and the hundreds of thousands of gamers who name them residence — and most of all I’m privileged by the chance to work alongside the unbelievable minds at Bungie,” he mentioned.
Justin Truman, a longtime developer at Bungie who was most just lately chief growth officer, is stepping in as CEO.
Parsons joined Bungie in 2002 and helped lead the studio by a number of Halo releases. As CEO, he oversaw milestones together with the launch of Future 2 in 2017 and Bungie’s $3.6 billion acquisition to Sony in 2022.
Bungie has confronted challenges extra just lately, together with vital layoffs final 12 months and delaying its upcoming Marathon sport.
The corporate employs round 670 individuals within the Seattle area, in accordance with LinkedIn.
Earlier than becoming a member of Bungie, Parsons was one of many authentic Xbox staff members at Microsoft. He additionally co-founded Seattle-area promoting tech startup Meteor Options, which was acquired by Covario in 2012.