Bungie CEO Pete Parsons announces departure after over two decades at the studio

Pete Parsons, the CEO of Destiny developer Bungie, has announced he is leaving the studio after 23 years, handing over the role to fellow veteran Justin Truman.

The details:

• In a new statement, Parsons announced that he would be leaving Bungie just less than a decade after he became its CEO back in 2016. “After more than two decades of helping build this incredible studio, establishing the Bungie Foundation, and growing inspiring communities around our work, I have decided to pass the torch,” he wrote. “This journey has been the honor of a lifetime. I am deeply proud of the worlds we’ve built together and the millions of players who call them home – and most of all I am privileged by the opportunity to work alongside the incredible minds at Bungie.”
• Truman, Bungie’s chief development officer, will now lead the studio. The new CEO originally joined the developer 15 years ago, working as an engineer, designer, and producer on the Destiny series, helping craft weapons, abilities, systems, and endgame content. “I am committed to supporting and working alongside every member of the team here as we continue pouring our hearts and souls into these worlds,” Truman said. “Worlds that we love, and that we hope have been worth your time and your passion. Because ultimately those worlds only exist, and thrive, with you in them. We are hard at work right now doing that – both with Marathon and Destiny. We’re currently heads down, but we’ll have more to show you in both of these worlds later this year.”
• Parsons first joined Bungie in 2002, serving as an executive producer on beloved titles Halo 2 and 3 before going on to oversee Destiny following the studio’s separation from Microsoft. However, his reputation among fans has soured over the years, with reports of mismanagement at Bungie resulting in mass layoffs and threats of it losing independence under Sony, while Parsons seemingly spent over $2.4 million on cars during its struggles.

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