Wizards of the Coast President is Leaving the Company
The president of Wizards of the Coast and Hasbro Gaming, Cynthia Williams, will soon be stepping down from her position in the company. Hasbro is yet to decide on who will replace her as head of Wizards of the Coast.
As owners of the rights to some of the biggest tabletop roleplaying and trading card games of all time, Wizards of the Coast has become a name familiar to almost any board gamer since its inception in 1990. Alongside household staples such as Dungeons and Dragons and Magic: The Gathering, Wizards of the Coast has also produced a host of other tabletop games. Since the toy manufacturing conglomerate Hasbro bought Wizards of the Coast for a staggering $325 million in 1999, the company has developed further into the digital world of gaming, most recently releasing the award-winning Dungeons and Dragons RPGBaldur’s Gate 3.
A filing to the SEC on April 15, as spotted by Rascal News on Twitter, shows that Wizards of the Coast president Cynthia Williams' resignation comes into effect on April 26. Williams has held the position since 2022, when her predecessor Chris Cocks became the overall head of Hasbro. It appears that her successor has not yet been chosen, and Hasbro is currently “conducting a process to identify her successor, looking at both internal and external candidates.’’ The news of this change in management comes shortly after the developers of Baldur’s Gate 3 announced that they are moving away from the franchise, although Larian CEO Swen Vincke insists this decision had nothing to do with Wizards of the Coast.
The last two years have been a tumultuous time for Wizards of the Coast, one of both great successes and controversies. Capitalizing on the iconic TTRPG’s surge in popularity, 2023’s lighthearted action-adventurefilmDungeons and Dragons: Honor Among Thieves brought the franchise to a wider audience. The triumphant release of Baldur’s Gate 3 further catapulted D&D into the spotlight. Not only did the title win a host of Game of the Year
Read more on gamerant.com
