Crytek CEO and Founder Resigns, New Joint CEOs Appointed

The release of Hunt: Showdown has proven a catalyst for change in the company.

Posted By | On 01st, Mar. 2018

Crytek has had its fair share of troubles over the years, which manifested in the closure of several studios. Times are changing though – CEO Cevat Yerli, who helped found Crytek, has announced that he will be stepping down. His brothers Avni and Faruk Yerli will be taking his place as joint CEOs.

Though Cevat’s resignation as CEO hasn’t been explained, he’ll still remain with the company as a “Strategic Shareholder”. The release of Hunt: Showdown seems to be the wider context for the change in leadership though.

Cevat noted in a recent statement that, “With the company in a strong position, now is the ideal time to recognize the existing leadership’s excellent achievements over these past two years and formally transition executive leadership to Avni and Faruk.

“I have been honored to serve as CEO of the company I founded with my brothers almost 20 years ago and have seen the team accomplish breakthrough things in that time. I look forward to continue helping Crytek as a major shareholder, and I am very excited to see what tomorrow brings.”

Support for CryEngine will still continue as the company licenses it to other studios. Free to play shooter Warface will also function as usual and development on Hunt: Showdown is also ongoing. The latter recently released on Steam Early Access following an alpha test and has seen a good amount of consumers hop in. The reception is mixed though with optimization issues, server problems and more being reported. We’ll find out in due time how the game shakes out.


Keep On Reading!

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

RGG Studio's Riichiro Yamada also promises a "lot of side content", including "side quests with the old cast" ...

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

After announcing layoffs for 115 employees following the failure of Spellcasters Chronicles, developers are st...

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

What began as a humble series of animations by Jean Nguyen back in 2022 has evolved into a full-fledged PC tit...

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

An Xbox spokesperson said that recent estimates "don't represent pre-order data" and that people should "wait ...

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

A "source with knowledge of the plans" told The Hollywood Reporter that it's not on the cards, either at launc...

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

From changes in lighting due to nightfall or different types of rainfall and winds, the city looks better than...