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‘Dead Space’ Co-Creator Departs Startup After Newest Game Flops

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Video-game developer Striking Distance Studios, a subsidiary of Korean publisher Krafton Inc., is appointing new management several months after the commercial flop of its first game.

Chief Executive Officer Glen Schofield is leaving, a Krafton representative confirmed Wednesday, saying he has “decided to pursue new opportunities.” Striking Distance’s chief operating officer and chief financial officer are also leaving. Krafton said all three departures were voluntary.

Chief Development Officer Steve Papoutsis will take over as CEO. In a statement, Schofield said his departure was “bittersweet, but I know the studio is in excellent hands.”

Read the full story on Bloomberg here.