Bungie CEO Pete Parsons is departing the corporate after 23 years and almost 10 as CEO. He’s succeeded by Justin Truman, presently chief growth officer and fellow Bungie veteran.
In a weblog put up on the official Bungie web site, Parsons wrote:
Once I was requested to guide Bungie in 2015, my aim was to develop us right into a studio able to creating and sustaining iconic, generation-spanning leisure. We’ve been by means of a lot collectively: we launched a daring new chapter for Future, constructed an enviable, unbiased dwell ops group able to creating and publishing its personal video games, and joined the unimaginable household at Sony Interactive Leisure.
In the present day marks the precise time for a brand new starting. The way forward for Bungie can be within the arms of a brand new era of leaders, and I’m thrilled to announce that Justin Truman can be moving into management as Bungie’s new Studio Head.
Parsons has overseen Bungie throughout many turbulent years, first taking up as CEO in 2016 from Harold Ryan and overseeing its break from Activision in 2019. He was on the helm all through lots of the occasions catalogued in our 2021 expose of Bungie’s inside work tradition. Although these we spoke to reported that Bungie had been poisonous and hostile towards girls specifically previous to Parsons taking cost, additionally they advised IGN that he was continuously sluggish or reluctant to take motion when points had been reported, and even appeared clueless as to easy methods to reign in drawback staff. Parsons apologized on the time, saying, “Our actions or, in some instances, inactions, triggered these folks ache. I apologize personally and on behalf of everybody at Bungie who I do know really feel a deep sense of empathy and disappointment studying by means of these accounts.”
Simply months after our report, Bungie was acquired by Sony for $3.7 billion, ending the studio’s flirtation with independence. Because the acquistion settled in, issues started to come up about Bungie’s future. Future 2 was struggling, and upcoming recreation Marathon was nonetheless years away. In 2023, Bungie laid off roughly 100 people and delayed Future 2’s The Remaining Form DLC, with Parsons taking accountability for the layoffs. Builders advised IGN on the time that the environment at Bungie was “soul-crushing” as fears grew of a complete Sony takeover of the corporate. In 2024, this was adopted up with much more layoffs, impacting 220 folks this time, regardless of The Remaining Form’s success. 155 folks had been additionally built-in from Bungie into Sony presently. Troubles continued to rock the studio by means of 2024 and into 2025, with Marathon seeing a delay out of September of this 12 months to an unknown future date.
It is on this atmosphere – Future 2 struggling, Marathon delayed, a smaller employees, and Sony looming, that Parsons departs the corporate. He leaves it to Justin Truman, who started at Bungie as a developer 15 years in the past engaged on Future 1 and who has since labored his manner as much as chief growth officer and now studio head.
Once we’re at our greatest – we create these worlds alongside you, our participant neighborhood, and construct one thing that issues. One thing that’s value your time, your ardour, and your funding in us. One thing that I’ve realized, hopefully, overdelivers.
I’ve additionally been a part of these efforts at Bungie once we’ve perhaps not been at our greatest. Once we’ve stumbled and realized by means of listening to our neighborhood that we had missed the mark. I do know I’ve personally realized rather a lot over time, as have all of us right here, from these conversations.
I’m dedicated to supporting and dealing alongside each member of the crew right here as we proceed pouring our hearts and souls into these worlds. Worlds that we love, and that we hope have been value your time and your ardour. As a result of in the end these worlds solely exist, and thrive, with you in them.
We’re laborious at work proper now doing that – each with Marathon and Future. We’re presently heads down, however we’ll have extra to point out you in each of those worlds later this 12 months.
Per Bungie’s social media put up, Parsons is retiring and can seemingly not stay on the studio.
Rebekah Valentine is a senior reporter for IGN. You will discover her posting on BlueSky @duckvalentine.bsky.social. Obtained a narrative tip? Ship it to rvalentine@ign.com.
