Discord appointed former Activision Blizzard executive Humam Sakhnini as CEO

middle rumor What companies are paying attention to IPOs, Discord Appointment Former Activision Blizzard vice-president Humam Sakhnini as CEO. Discord co-founder Jason Citron will step down from the CEO role 13 years later.

Discord spans gaming and social media spaces. Despite the first advent of online multiplayer gamers to communicate, it has become a prominent social media platform with its own rituals, growing to over 200 million monthly active users.

The company’s choice to appoint a new CEO from within the gaming industry shows that it is seeing the future of Moreso in gaming rather than social networking. Discord said in a press release that the company has “refocused on the game’s roots” to explore opportunities for advertising and microtransaction monetization.

But advertising and microtransactions are not exactly music for gamers’ ears. Sakhnini’s appointment, along with its imminent IPO, could make fans wary that the company could move in a more corporate and profit-hungry direction. Sakhnini was also CEO of King, owned by Activision Blizzard. This is a mobile game developer who manufactures games such as Candy Crush, which thrives on Ads and Micro-Transactions.

Citron will continue to be involved with Discord as an advisor to the CEO and a member of the board of directors.

Citron looks forward to taking a break after running the rapidly growing startup for 13 years. He said Venture Beat He wants to play Final Fantasy VII play, Blue Prince, and Gate III of Valdour.