It’s the end of an era at Bungie, the studio known for the Destiny series and the upcoming Marathon. CEO Pete Parsons has announced his departure, paving the way for a new leadership structure.

Parsons joined Bungie in 2002, significantly contributing to the development of iconic titles like Halo 2 and Halo 3. Although he stepped away for a brief period, he returned in 2008, eventually taking over as CEO in 2015.

Now, Parsons has officially stated his resignation, indicating a shift toward “a new generation of leaders” while introducing Bungie’s next chief, Justin Truman, who has been a long-term employee with various roles in the company.

Truman acknowledged the importance of player feedback and the studio’s challenges over the years. Looking ahead, he mentioned plans for revealing more details about Marathon and updates related to the Destiny series.

Bungie has recently faced adversity, including major layoffs affecting 17% of its workforce, contributing to a decreasing player count.

Will this transition lead Bungie toward a brighter future? Only time will reveal if this new direction will lead to success.