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[Draugoth]

Devolver Digital CEO Douglas Morin has stepped down with immediate effect.

The indie publisher, known for titles like Cult of the Lamb, Inscryption, and Hotline Miami, said the move was part of its plan to deliver "long-term growth and development."

Morin joined Devolver in 2020 as chief of staff and was named CEO in 2021. He will be replaced by executive chairman and co-founder shareholder, Harry Miller.

Devolver praised Morin's leadership and said he "played a vital role in Devolver's IPO, strengthened the corporate and operating structure of the listed company, and championed the acquisition of System Era Softworks."

 

[Griffon]

The indie publisher

Publicly traded companies are the exact opposite of indie.

This will all go to shit soon enough.

 

[SlimeGooGoo]

Microsoft acquisition incoming

 

[nush]

CEO takes golden parachute ahead of the news of incoming layoffs.

 

[Punished Miku]

No idea what this means, but I recall they've been light on releases and profits for at least a year. Most indie publishers outside Annapurna had a 2023 bloodbath.