Square Enix plans to replace its current CEO Yosuke Matsuda, with a motion on his departure set to be voted on by share…
Square Enix plans to replace its current CEO Yosuke Matsuda, with a motion on his departure set to be voted on by shareholders in June.
Matsuda has served as CEO for decade, during which time the company has seen a mix of fortunes. Square Enix's western studios have been sold off, its high-profile Marvel's Avengers project failed to find success, and most recently its Japan-made blockbuster Forspoken flopped. The company has lined up Takashi Kiryu, a young exec who joined Square Enix in 2020, as Matsuda's replacement.A statement by Square Enix on the change did not mention a specific trigger, though alluded to Square Enix's continuing fascination with blockchain games and technology.
"Under the rapid change of business environment surrounding the entertainment industry, the proposed change is intended to reshape the management team with the goal of adopting ever-evolving technological innovations and maximising on the creativity of [Square Enix]'s group in order to deliver even greater entertainment to its customers around the world," Square Enix
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