Discord appoints new CEO as IPO preparations ramp up

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Briefly: Discord will enter the following section of its journey beneath new management. Co-founder and CEO Jason Citron shared the information with workers in a current memo, which was additionally made public on the corporate’s weblog.

Discord was conceived by Citron and Stanislav Vishnevskiy, who wished to create one thing akin to a digital lounge the place mates may chat with one another about video games they like. In truth, Final Fantasy XI was a giant inspiration for the chat service which is now utilized by a whole lot of hundreds of thousands of individuals every month.

The service went reside in Might of 2015. Its focus continues to be on players, however others have additionally adopted Discord for issues like office chat and to debate varied hobbies or pursuits.

Humam Sakhnini has been introduced in to succeed Citron. Sakhnini arrives with greater than 15 years of expertise within the gaming trade, which features a stint at Activision Blizzard the place he served as chief technique officer overseeing franchises like Name of Obligation and World of Warcraft. He additionally led King as president from 2019 by way of early 2022.

Sakhnini will formally take over on April 28, however he will not be tossed into the deep finish with out a life preserver. Citron will stick round to assist with the onboarding course of and serve in an advisory capability. He can even retain his place on the board of administrators, we’re instructed.

In March 2024, Discord revealed it had over 200 million month-to-month energetic customers and was planning an IPO within the not-too-distant future. That also has not occurred, and it’s attention-grabbing that it will not be coming to fruition beneath Citron’s watch.

Citron stated constructing Discord has been one of the vital rewarding experiences of his life, including that he’s deeply grateful for the various friendships, challenges, and achievements alongside the way in which. Trying forward at what can be wanted from Discord’s CEO over the approaching years, Citron stated it is time for him to “rent himself out of a job.”

Picture credit score: Ella Don, Alexander Shatov

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