After 9 years as CEO of the studio behind Management and Alan Wake, Tero Virtala has departed the position. Treatment cofounder Markus Mäki is taking up on an interim foundation (and stepping down as chairman of the board) whereas the corporate appears to be like for a everlasting CEO. Henri Österlund, a board member since 2017, is Treatment’s new chairman.
“I need to thank Tero Virtala for his substantial contribution to the administration of Treatment since 2016,” Mäki mentioned in a press release. “I personally thank Tero for good cooperation and want him all the most effective for the long run.” Virtala will stay at Treatment for a transition interval to assist with the handover of CEO duties.
Treatment did not spell out the explanations as to why Virtala is leaving as CEO, however mentioned it was by mutual consent. Nonetheless, it has been a tough yr for Treatment after its newest recreation, FBC: Firebreak, failed to satisfy gross sales expectations. Earlier this month, the corporate issued a profit warning to traders and lowered “its long-term gross sales forecast for the sport.” Treatment now expects its working revenue for the yr to be within the pink after recognizing a “non-cash impairment” of €14.9 million ($17.3 million) associated to FBC: Firebreak growth prices in addition to publishing and distribution rights.
FBC: Firebreak (a co-op Management spinoff) arrived in June and whereas the sport reached half 1,000,000 gamers in its first 10 days, most have been on consoles, the place it was obtainable through PlayStation Plus and Game Pass Ultimate. Treatment said in August the sport had underperformed on Steam, which the corporate had supposed as its “main shopper gross sales channel on PC.”
After suggestions from gamers, Treatment swiftly rolled out a number of patches for FBC: Firebreak — its first multiplayer title — to try to improve the game. It launched the primary main replace for FBC: Firebreak final month to revamp the core gameplay and overhaul the onboarding experience. Nonetheless, that did not absolutely flip the tide. “Regardless of improved participant and gross sales metrics after the replace, gross sales haven’t reached Treatment’s inside targets,” the corporate mentioned in its revenue warning.
One other main FBC: Firebreak replace is deliberate for November, which can add a brand new recreation mode in addition to cross-platform voice chat. Treatment additionally has Control 2 within the oven, in addition to remakes of the primary two Max Payne video games.
