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CEO of Saudi Arabia's Savvy Games Group Brian Ward steps down after overseeing billions in mobile gaming acquisitions
Brian Ward, the CEO of the Saudi-Arabian-state-owned Savvy Games Group, has left his role. During his tenure, he oversaw $38bn of investment into various gaming companies, including Pokemon Go developer Niantic, and Monopoly Go's Scopely.
AI Summary
Brian Ward has stepped down as CEO of Saudi‑Arabia’s state‑owned Savvy Games Group. During his tenure, he guided the company’s $38 billion investment in gaming firms, including Niantic, the developer of Pokémon Go, and Scopely, the publisher of Monopoly Go. In a staff message verified by Bloomberg, Ward said the company was entering a new phase of transformational growth and that new leadership was the right time for that evolution. His duties will be temporarily handled by Turqi Alnowaiser, deputy governor of the Public Investment Fund and head of its International Investments Division.
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