The business’s founder will stay as president, while Jonny Watts will need on the CEO role
David Braben is stepping down as CEO of Frontier Developments, and you will be replaced by chief creative officer Jonny Watts.
Braben has been CEO of Frontier since he created the business in 1994 and can remain at the studio as president and founder. The announcement clarified that can be an “executive director position” where Braben will “retain his leadership and vision for Frontiers strategic direction.”
Watts joined Frontier in 1998, first as software developer before shifting to senior production roles, and finally CCO in 2012. His appointment as CEO works well immediately.
The announcement said that Watts has been key to recent successes at the business, including unaudited record revenue of 111 million in FY 2022.
Braben commented: “Frontier is essential if you ask me, and I’m delighted in order to spread my CEO responsibilities to the exceptionally talented Jonny Watts, who I understand will do a good job.
”He’s got the perfect mix of creative leadership and gaming vision to create on the wonderful momentum available. I’m getting excited about my new role at Frontier, which change enables me to spotlight our longer-term strategic opportunities.”
Frontier also announced several changes to its board, with David Gammon retiring as chairman in December 2022. He’ll be succeeded by David Wilton, who’ll be joining the board first as independent non-executive director and chairman designate in September, before dealing with the chairman role in December. Wilton currently is CFO of Sumo Group, but will undoubtedly be leaving this position in October 2022.
Finally, senior director of operations James Dixon in addition has joined the board as COO and head of legal Jessica Bourne has been promoted to general counsel and company secretary.
In January, Frontier Developments reported a 1.7 million net loss for the half a year period ended November 30, 2021.