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CD Projekt CEO, Co-Founders Resigning

Developer, publisher, and GOG.com owner CD Projekt (The Witcher) revealed that co-founder and CEO Michal Kicinski and business development director Marcin Iwinski are resigning from their positions.

Eric Caoili, Blogger

October 8, 2010

1 Min Read

Developer and publisher CD Projekt revealed that its CEO Michal Kicinski and business development director Marcin Iwinski, both co-founders of the Polish studio, are resigning from their positions. Iwinski and Kicinski founded CD Projekt in 1994, and it has published many PC titles since, such as the acclaimed The Witcher series. The Warsaw-based company also owns and runs digital distribution platform Good Old Games. The two executives apparently want to step away from managing the company to rest after assisting with a "share swap" between its holding company CDP Investment and Polish PC company Optimus last year -- a deal valued at 63 million zloty, or $22 million. The news was first reported [Google-translated link] by Polish website Parkiet.com. "Both Marcin and Michal have resigned from the positions they held, however they have not left the company," confirmed CD Projekt spokesperson Hubert Habas, according to a report from UK site GamesIndustry.biz [registration required]. "They wanted to step back and relax after very busy last period, after finalising the venture with Optimus and other strategic projects and simply decided to take a longer leave in order to restore energy and to avoid being burned out." CD Projekt claims that Kicinski and Iwinski's departure will not affect any project currently in development, as "every company inside CD Projekt group has their own management working independently from the owners".

About the Author(s)

Eric Caoili

Blogger

Eric Caoili currently serves as a news editor for Gamasutra, and has helmed numerous other UBM Techweb Game Network sites all now long-dead, including GameSetWatch. He is also co-editor for beloved handheld gaming blog Tiny Cartridge, and has contributed to Joystiq, Winamp, GamePro, and 4 Color Rebellion.

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