Remedy Entertainment Plc: Changes in Remedy’s Core Management Team
Remedy Entertainment Plc Stock Exchange Release April 25, 2024, at 9.00 a.m. EEST
Changes in Remedy’s Core Management Team
Remedy Entertainment Plc (“Remedy”) has today resolved to change the composition and roles of its Core Management Team as described in this release.
- Remedy’s Chief Operations Officer, Christopher Schmitz has resigned and will leave Remedy on May 31, 2024.
- Mikael Kasurinen has been appointed Remedy’s Creative Director and will share the Creative Director responsibilities with Sami Järvi. Kasurinen will join Remedy’s Core Management Team.
Remedy has made management reorganizations in 2023 and in 2024, including the earlier changes made to the Chief Product Officer (CPO) role and appointment of a new Chief Technology Officer (CTO). These developments have been made to better manage and support Remedy’s game portfolio and game development personnel. With these organizational changes, the previous COO responsibilities are distributed to other management team members, and Remedy will not look for a replacement.
“Christopher Schmitz has had various responsibilities during the past five years, with which he has helped in building the foundations of our multi-project model, and developing game project leadership, as well as selected support functions. I want to warmly thank him and wish him all the best in his next endeavors”, says Remedy’s CEO Tero Virtala.
Mikael Kasurinen has been appointed as Creative Director and will join Remedy’s Core Management Team. He will continue to report directly to CEO Tero Virtala. Kasurinen will work alongside Sami Järvi, who has acted as a company Creative Director and Creative Director of Alan Wake 2. Kasurinen worked for Remedy from 2001 to 2010 and joined Remedy again in 2014. He acted as the Game Director of Control since 2016 and currently he is the Game Director of Control 2. As Creative Directors of Remedy, Järvi and Kasurinen continue their current responsibilities in Alan Wake and Control franchises and will share the companywide Creative Director responsibilities going forward. They support game projects’ creative leadership so that we can make outstanding games aligned with Remedy’s strategy and operational priorities.
“I welcome Mikael Kasurinen to our Core Management Team. He is a highly respected, experienced and accomplished creative leader. Kasurinen and Järvi have worked together in a number of games, and they have complementary world class skills. With this arrangement, we can ensure the needed focus on growing Alan Wake and Control into larger franchises, and the right type of creative guidance and support that all our game teams can benefit from”, Tero Virtala concludes.
Kasurinen’s CV and picture will be available later today on Remedy’s Investor site at https://investors.remedygames.com/company/core-management-team/.
As of April 25, Remedy’s Core Management Team will comprise the following members and roles:
- Tero Virtala, Chief Executive Officer
- Markus Mäki, Chief Product Officer
- Sami Järvi, Creative Director
- Mikael Kasurinen, Creative Director
- Terhi Kauppi, Chief Financial Officer
- Johannes Paloheimo, Chief Commercial Officer
- Mika Vehkala, Chief Technology Officer
REMEDY ENTERTAINMENT PLC
More information
Liisa Eloranta, Senior Investor Relations Specialist
Phone: +358 50 4334992
Email: [email protected]
Remedy in brief
Remedy Entertainment Plc is a pioneering, globally renowned video game company founded in 1995 and headquartered in Finland with an office in Stockholm, Sweden. Known for its story-driven and visually stunning action games, Remedy has created multiple successful, critically acclaimed franchises such as Control, Alan Wake and Max Payne. Remedy also develops its own Northlight game engine and tools technology that powers many of its games. Remedy’s shares are listed on Nasdaq Helsinki’s official list. www.remedygames.com
