Neon Machine, the studio behind blockchain-based first-person shooter Shrapnel, has announced a major leadership change ahead of the game’s free-to-play launch in 2025.
Ken Rosman, known for his experience with Xbox titles, has been appointed as the new CEO. Meanwhile, co-founder and outgoing CEO Mark Long will transition into an advisory role to provide ongoing support during this important development phase.
The appointment of a CEO signals a significant period in the company’s development as it prepares to raise new capital and navigates an ongoing legal dispute.
Source: FragmentWhy is Neon Machine appointing a new CEO?
The studio said the leadership change reflects the need for a focused approach to finishing the game so it can meet expectations for the full release. Rosman, known for his work on games such as halo wars and sunset overdrive, You will be tasked with overseeing operations as Shrapnel moves from early access to a planned global launch.
“Now that we’re closer to launching Shrapnel, it’s time for new leadership,” said Mark Long, co-founder and former CEO of Neon Machine.
With over 30 years of industry experience, Rosman successfully led major title projects during his tenure at Microsoft’s Xbox division. His leadership will focus on operational execution and real-time service management, which are critical elements of Shrapnel launch and ongoing support.
The company also announced additional leadership roles with Dave Johnson to lead the Shrapnel project, while CTO Don Norbury will focus on the studio’s Moonshot platform.
Source: Fragmentadditional funding and ongoing legal disputes;
Along with the leadership change, Neon Machine is raising additional funding to support its operations and future goals.
The funding round is being led by Avalanche Ecosystem Fund with participation from existing investors Griffin Gaming Partners and Polychain Capital. Details of this round are expected to be revealed in early 2025, following a $20 million raised in October 2023.
The studio is also involved in an ongoing legal dispute with former shareholder 4D Factory CEO Cort Javarone. In late 2023, Neon Machine accused Javarone of trying to take control of the company, with Javarone countering that the studio’s leadership had acted without board approval.
Neon Machine didn’t share any details on the issue, but expects an update in early 2025.