Change at CD Projekt's Top Brass After 13 Years
Top-level changes are being prepared at CD Projekt. Adam Kicinski intends to resign from his position as CEO.
During today's CD Projekt investor call, we learned that Adam Kicinski, who has been the company's CEO or co-CEO since 2010, will step down soon. This will happen in 2025.
You can find an interesting excerpt in 2:43:27 of the video below. Kicinski says:
"Next year marks my 30th anniversary of working at CD Projekt. (...) I will apply for the position of a member of the Supervisory Board from the beginning of 2025., so that I will remain on the Board for one year and three months from now.
On the other hand, the first step - such a transformational step - will be that I will change my position to Chief Strategy Officer (CSO) from January next year, which is just three months from now. Again there will be joint CEOs in the company - fantastic, the company has always had at least two bosses. The joint CEOs will be Adam Badowski and Michal Nowakowski - as of January 1 next year."
It is worth recalling that in October 2022 an identical decision was announced by Marcin Iwinski - co-founder of CD Projekt and its vice president at the time.
From the presentation in question, we also learned about extremely high sales results of Cyberpunk 2077 and the Phantom Liberty expansion. You can get acquainted with them in a separate news.