The publisher of famous Angry Birds announced on Wednesday that Pekka Rantala will resign soon.Rantala just served one year for Rovio as CEO. The company cut jobs and reorognized during his tenure.
As the company predicted that its profit will decline this year, Rovio laid off 213 employees in October. Rovio claimed that Kati Levoranta will take over the job of Rantala from the beginning of 2016.
The two major departments of Rovio are games division and media division and they will receive more independences. The media division will be led by Rovio ex CEO Mikael Hed, and games division will be led by Wilhelm That, the existing external product director.
Kaj Hed, the chairman and stockholder of Rovio said to Rueter:” we used to apply the centralized decision-making mode, but this mode will cause reation speed decline under the intense competition.”
He added:”The CEO has no need to take care of every single thing personally. Rantala is incompetent for working as CEO any more.”
Hed indicated that Rovio did not add IPO into its agenda yet. The European game industry needs to be integrated.
Angry Birds became the most popular downloaded app when it was released in 2009. It benefited Rovio a lot from its brand authorizing.
The brand authorizing business develops slower in recent years. Rovio aims to make more profit via Angry Birds 3D movie which will be released in May, 2016.
