Dr. Kai Wawrzinek and Dr. Christian Wawrzinek, founders of Goodgame Studios, will leave their current positions as CEO and CSO at Goodgame by the end of February 2019, to focus on their roles as shareholders of Stillfront. The search for a new CEO has been initiated.
“Stillfront’s acquisition of Goodgame is a perfect strategic fit and we are very encouraged by the realization of synergies we have seen during 2018. The timing is now right for us to hand over daily management of Goodgame, allowing us more time to create value for Stillfront as active shareholders,” says Kai Wawrzinek.
“Goodgame Studios is performing well, with strong profitability and a solid pipeline for future game releases. The management team of Goodgame has an impressive track record and we have a strong leadership in place to ensure an orderly transition while building on the positive business momentum seen across the Group,” says Jörgen Larsson, CEO of Stillfront Group.