Bungie CEO Pete Parsons is leaving after 23 years. Fellow veteran Justin Truman will take over as the storied Halo studio struggles with flagging interest in Destiny 2, the delayed launch of Marathon, and a painful Sony integration following a sky-high $3.6 billion acquisition back in 2022.
Parsons shared the news in a blog post over at Bungie’s website:
To the Bungie community,
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. 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.
When I was asked to lead Bungie in 2015, my goal was to grow us into a studio capable of creating and sustaining iconic, generation-spanning entertainment. We’ve been through so much together: we launched a bold new chapter for Destiny, built an enviable, independent live ops organization capable of creating and publishing its own games, and joined the incredible family at Sony Interactive Entertainment.
Today marks the right time for a new beginning. The future of Bungie will be in the hands of a new generation of leaders, and I am thrilled to announce that Justin Truman will be stepping into leadership as Bungie’s new Studio Head.
I have worked alongside Justin for many years. His passion for our games, our team, and our players is unmatched. As a leader in engineering, production, and design – and most recently as the General Manager for Destiny 2 and our Chief Development Officer- he has been instrumental in bringing some of the most memorable moments in Bungie’s history to life. He lives and breathes this studio, and I have full confidence that he is the right person to lead Bungie forward.
Thank you for being the best, most passionate community in gaming. It has been a privilege to serve you. As for me, I’ll be second star to the right and straight on till morning.