Remedy Entertainment CEO steps down

Earlier this month, Remedy Entertainment was forced to issue a profit warning to investors, after their most recent game, FBC: Firebreak, failed to garner significant sales. Now just weeks later, the company's long-time CEO,

Tero Virtala, who has served as the CEO of Remedy Entertainment since 2016, announced that he is stepping down today. Under his tenure, Remedy shipped multiple games, including Control and Alan Wake 2. During this time, Remedy Entertainment also signed a deal with Rockstar Games, allowing them to develop remakes of the original Max Payne games.

Remedy co-founder, Markus Mäki, will be the interim CEO until a permanent replacement is found. In a statement, Mäki thanked Virtala for his “good cooperation” during this transition. It is unclear if the underperformance of FBC: Firebreak had an impact on this change.

Moving forward, Remedy has a slate of single-player action games on the way, playing to the studio's core strengths. These include Control 2 and the Max Payne remakes.

KitGuru Says: I'm a huge Control fan, but there was nothing about FBC: Firebreak that really drew me in. The monetary gains of a successful live service multiplayer game can be tempting, but I hope that moving forward, Remedy continues to focus on the single-player games it is best known for.

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