Nexon appoints Patrick Söderlund as executive chairman

Patrick Söderlund, founder and CEO of Embark Studios, has been named executive chairman at Nexon to guide its global strategy and growth. He will work closely with CEO Junghun Lee to set the company's direction. This move comes amid Nexon's push into live-service gaming following recent successes.

Patrick Söderlund, who founded and leads Embark Studios—the developer behind Arc Raiders—has taken on the role of executive chairman at Nexon. The appointment aims to accelerate the company's global strategy, transform its creative direction, and lead the next phase of growth. Söderlund will collaborate closely with Nexon CEO Junghun Lee and the executive leadership team, focusing on setting the strategic direction for Lee to implement.

Details on whether this position supplements or replaces Söderlund's duties at Embark, a Nexon-owned studio, remain unclear, though it seems to be in addition. In a press statement, Söderlund commented: "Nexon has all the assets to unleash dramatic growth – incredibly talented people, iconic franchises, large and committed player communities, and best-in-class live service capabilities. This is an enormous opportunity, but one that will require deep focus and discipline. Junghun and I are aligned on what needs to happen, and I'm ready to get to work."

Nexon has long succeeded with mobile titles such as MapleStory but has struggled in the live-service sector. Recent progress includes subsidiary Mintrocket's release of Dave the Diver in 2023, Embark's The Finals in the same year, and the 2024 launch of The First Descendant. Meanwhile, Arc Raiders has gained traction, approaching 1 million concurrent players on PC. The game continues with planned events and updates through April, while developers address a recent duplication glitch through a completed investigation into exploits and offender handling.

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Nexon executives celebrate record 2025 revenue driven by Arc Raiders' massive success, with glowing charts showing billions in sales and millions of players.
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Nexon achieves record revenue in 2025 fueled by Arc Raiders

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Nexon reported a 6.5 percent increase in revenue for 2025, reaching 475.1 billion yen, or about 3.1 billion dollars, marking the third consecutive year of record highs. The company attributed much of this growth to the success of Arc Raiders, which sold over 14 million copies since its October launch. Peak concurrent players reached nearly one million on PC alone in January 2026, with around six million weekly active users.

Embark Studios has responded to player complaints about cheating in the popular extraction shooter Arc Raiders by announcing significant anti-cheat updates. The developer plans to implement new detection tools and fixes over the next few weeks. High-profile streamers have voiced frustration with the issue, highlighting its impact on gameplay.

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Remedy Entertainment has appointed Jean-Charles Gaudechon, a former Electronic Arts executive, as its new CEO starting March 1. The move comes amid financial challenges following the underperformance of FBC: Firebreak and a profit warning. Gaudechon aims to protect the studio's creative identity while scaling operations for growth.

Embark Studios has completed an investigation into recent exploits in Arc Raiders and begun issuing actions against abusers. The studio released update 1.000.023 on February 17, 2026, to enforce penalties including warnings, coin removals, and suspensions. This follows glitches that disrupted the game's economy and player experience.

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삼성전자는 21일 로태문 모바일 사업부 총괄을 디바이스 사업을 이끌 공동 대표이사로 임명했다. 이는 작년 3월 한종희 전 부회장 사망 이후 9개월 만에 공동 CEO 체제를 복원하는 조치다. 이 구조는 핵심 사업 강화와 미래 기술 확보를 목적으로 한다.

PT GoTo Gojek Tokopedia Tbk has announced the nomination of Hans Patuwo as new CEO to replace Patrick Walujo, who is resigning. The appointment will be approved at an extraordinary shareholders' meeting on December 17, 2025. The change is part of a prepared succession to support growth toward sustainable profitability.

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Embark Studios has introduced a new solo versus squads mode in Arc Raiders, letting skilled players take on full teams alone. This update, part of the game's January milestone, also brings new quests, augments, and map features. It follows a roadmap promising more content in the coming months.

 

 

 

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