It's the end of an era at Bungie, the developer behind the Destiny franchise and upcoming game Marathon, as its CEO Pete Parsons calls it quits. Parsons has already announced who will be leading Bungie next, though curiously, they won't be taking on the CEO role.
Parsons got his start with Bungie in 2002, and helped with the development of both Halo 2 and Halo 3. However, he hasn't been with Bungie the whole time. In 2006, he left the studio for other ventures, and returned in 2008, serving as the director of marketing. In 2015, after Bungie's then-president Harold Ryan stepped down, Parsons moved into the role as the CEO, and has held the position for close to a decade.
Bungie Reveals Marathon Gameplay and Release Date
Bungie reveals a brand-new gameplay trailer for its new game Marathon as well as when it will be releasing to the masses.
Pete Parsons Steps Down as Bungie CEO
Now, Pete Parsons and Bungie have released official statements revealing that Parsons will be leaving the company. Parsons' wording indicates that it was his decision to leave, but neither explained exactly why Parsons was choosing to step down at this time, beyond stating that Parsons' retirement would be a passing of the torch to "a new generation of leaders." Parsons shared a few words on Bungie's official website about his tenure with the company and how far it's come in that time, before introducing the company's new leader, Studio Head Justin Truman.
Justin Truman has been with Bungie for 15 years, with his roles ranging from writing code to serving as the Chief Development Officer at the company. He acknowledged that Bungie has "stumbled" at times and learned from its mistakes by listening to the community, and highlighted that it's thanks to the players that the worlds Bungie has created have thrived. The new Studio Head also noted that Bungie will be revealing more of the studio's upcoming game Marathon later in 2025, as well as Destiny.
Destiny and Bungie in general have seen some rougher times lately, which have had an impact on both the employees of the studio and the players of the game. Bungie experienced significant layoffs in 2024, with about 17% of its workforce being axed. Destiny 2 is also far from its most successful and popular days, with its player count dropping significantly in 2025. The full integration of Bungie into PlayStation Studios has concerned some fans, as well. This is definitely the beginning of a new era for Bungie, but whether it will spell success is something that is yet to be seen.
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