London's Indie Game Maker Everplay Shakes Up Leadership
Game developer's chief departs following company's name change
Frank Sagnier, an industry vet with nearly three decades of gaming experience, steps up as interim CEO of Everplay after the sudden departure of Steve Bell. Sagnier, also the former non-executive chair, has held key positions at Codemasters, Electronic Arts, Acclaim Entertainment, and Funcom.
In a recent announcement, Everplay revealed that Bell had left the company with immediate effect and that he had stepped down from the board as well. The British indie video game publisher, known for its iconic Worms series, didn't disclose the reasons behind Bell's departure. Nevertheless, Sagnier will ensure the continued execution of Everplay's strategic plan and provide the board with enough time to find a suitable replacement[1][3][5].
Everplay's shares plummeted 4.3% in early trading after the news broke, but the company's stock has added around 17% since the start of the year and almost 35% over the last six months. The search for a new CEO will be communicated to investors as and when necessary, and the company reiterated its forecasts for the year[2].
Penny Judd joins the team as senior independent director in addition to continuing her role as chair of the audit committee. Sagnier also expressed gratitude to Bell for his two years of dedication to the company during which he led the rebranding effort and set a new strategic focus[6].
The gaming industry has seen rapid growth in recent years, with titles like Minecraft raking in billions at the box office. If you're into investing in this exciting sector, here are some platforms to consider:
- AJ Bell
- Hargreaves Lansdown
- interactive investor
- InvestEngine
- Trading 212
[1] - Recruitment process for new Everplay CEO begins[2] - Everplay Shares Down 4.3% after Steve Bell's departure[3] - Changing of the Guard at Everplay[4] - Leaving a legacy: Steve Bell's parting words[5] - The Board of Directors: Past, Present, and Future[6] - Sagnier appointed interim CEO of Everplay, thanking Bell for his dedicated service
In the face of the changing leadership at Everplay, investors interested in the booming gaming sector might find platforms like AJ Bell, Hargreaves Lansdown, interactive investor, InvestEngine, or Trading 212 beneficial for their investments in the finance and business sector, particularly in the emerging technology within the industry. The recently announced recruitment process for a new Everplay CEO highlights the importance of these financial tools for maintaining and growing investments.
