Ted Price, CEO of Marvel’s Spider-Man 2 developer Insomniac Games, has announced he will be retiring from the industry after 30 years at the end of March 2025.
In his place, Chad Dezern, Ryan Schneider, and Jen Huang will assume the positions of co-studio heads. Here’s what Price had to say on his impending retirement:
I’d like to start this blog by acknowledging how difficult things have been for our team members and our players in Los Angeles over the past several weeks. As I write this, news reports are being shared predicting more challenges ahead with the fires due to extreme weather. Our thoughts are with those who have been affected and we’ll continue to work with our peers at Sony to support our team members and their families as they continue to deal with the tragic situation.
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I’m so proud of the numerous Insomniacs who have rallied to help others in LA both inside and outside of Insomniac. Helping those who are less fortunate is part of our mission statement. Insomniacs embrace it daily and it’s one of so many aspects of our culture that I love.
Another aspect of our culture I hold dear is the Insomniacs’ ability to pull together and successfully overcome what often seem like insurmountable obstacles.
Speaking of which, despite a challenging 2024, Insomniacs stayed fully focused on building games for our fans. As a result of the team’s persistence and collaboration, we’re in one of the strongest positions we’ve experienced in years, with each game in development looking beautiful and playing fantastic.
Therefore, last week, I felt comfortable announcing to the Insomniac team that after having been incredibly fortunate to enjoy such a fulfilling career in games, I’ll be retiring from the industry at the end of March. Today, I’m sharing this news more broadly.
I actually made this decision last year. For me, after over 30 years of leading Insomniac, I felt it was simply time to step aside and let others pave the way for our team.
[Source – Sony Interactive Entertainment]