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GamesRadar
GamesRadar
Technology
Austin Wood

Replaced Embracer CEO wins understatement of the year, says "the road has not always been straight" after billions burned, thousands of layoffs, dozens of games canceled, and multiple studios closed

Tomb Raider.

Embracer Group, which you may know from the barrage of reports chronicling the company's internal blood bath over the past year and change, has appointed a new CEO.

Co-founder and longtime CEO Lars Wingefors is now "proposed to be appointed as Executive Chair of the Board of Embracer at the Annual General Meeting," and the company's board of directors has passed the baton to Phil Rogers, who's currently deputy CEO of Embracer and CEO of the company's Crystal Dynamics - Eidos group, formed from Square's big sale to Embracer back in 2022.

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