Pete Parsons has announced he is stepping down from his role as CEO of Bungie, with Justin Truman taking over as Studio Head.
Speaking on the official Bungie website, Parsons had the following to say:
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.
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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.
Sony Interactive Entertainment had acquired Bungie back in July 2022, but remained independent under Sony in regards to development publishing and therefore not technically part of PlayStation Studios. However, recently, SIE’s CFO Lin Tao stated that the developer is currently shifting towards becoming part of PlayStation Studios.
[Source – Bungie]