CEO of League of Legends developer is stepping down, will remain in advisory role "for years"

gamesradar.com:

Nicolo Laurent, the CEO of League of Legends developer Riot Games, is stepping down.

Riot's current president, A. Dylan Jadeja, will replace Laurent as Riot's CEO when the transition completes at some point later this year. Laurent, meanwhile, will stay with Riot in an advisory capacity for "years to come."

Laurent explained in a letter (opens in new tab) that he's been considering stepping down as CEO for some time to spend more time with his family.

"It's really the personal trade-offs that have been hard and the sacrifices my wife and kids have made for my career, including all our expatriations," said Laurent. "We've always been ok with this as a family, as long as we rebalance at some point. Now is that time. Especially since we miss France so much, and want to move back."

"While this chapter is coming to a close, I don't view this as an end — I don't plan on joining another company or starting a new company," he added. "I love Riot, and I genuinely believe this is the best place in the world to make games… now more than ever."

Riot said the search for a new CEO lasted about three years, in which time "a lot of incredible candidates" were considered, but ultimately Jadeja received a unanimous vote.

"Today, as we start our next chapter, I'm more excited than I’ve ever been about our future," Jadeja said. "I truly believe that our success will depend on our ability to empower our creative heart while staying resolute on our mission for players, no matter how difficult the environment or the situation. As we face new challenges and opportunities, if we can stay true to this, I would bet on us to not only succeed, but to set a new bar for what’s possible for players."

"As CEO, it is fair to assume that I may do some