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Discord's CEO and co-founder is stepping down

Discord CEO and co-founder Jason Citron has announced that he's stepping down from his leadership role at the chat app and being replaced by Humam Sakhnini, a former executive from Activision Blizzard. Citron will remain on Discord's board of directors, and fellow co-founder Stanislav Vishnevskiy will continue acting as the company's chief technology officer.
"From the very beginning, our mission has been about bringing people together around games," Citron said in a statement. "It’s a mission I’ve dedicated my career to, and I'm confident that passing the torch to Humam is the right evolution for Discord's future." While initially pitched as a way to talk to friend's before, during and after playing games, Discord has morphed into a much larger and more general social platform, serving "more than 200 million monthly active users worldwide," the company says.
There's an important financial context to Citron's move. The New York Times reported in March that Discord was meeting with investors to take the company public. Sakhnini has experience acting as a leader of a public company. He was also the President of King Digital — the creator of Candy Crush and other popular mobile games — after the company was acquired by Activision Blizzard. A veteran executive could be a natural fit to usher Discord to an IPO. Citron didn't deny the plan when GamesBeat asked if the company would go public: "As you can imagine, hiring someone like Humam is a step in that direction."
Just a few years ago, Discord was reportedly in talks to be acquired by Microsoft, which seemed like a natural fit alongside Xbox. The rumored $10 billion deal fell through, but both Xbox and PlayStation platforms got Discord integration.This article originally appeared on Engadget at https://www.engadget.com/apps/discords-ceo-and-co-founder-is-stepping-down-181851778.html?src=rss