John Hight, the current president of Wizards of the Coast, is reportedly stepping down from his position after serving just two years at the helm of the popular tabletop and digital gaming company.
This development closely follows significant financial news from Wizards of the Coast’s parent company, Hasbro. Just a week before the details of Hight’s impending exit emerged, Hasbro revealed a substantial $56 million impairment charge. This considerable financial setback was directly linked to the cancellation of various video game projects. The proximity of Hight’s departure and this major financial write-off prompts speculation regarding the future of gaming initiatives at both Wizards of the Coast and Hasbro. This report is based on information from PCGamer.
Source: PCGamer latest