Embracer CEO Phil Rogers didn't win himself many new fans when he said a few years ago that the company's slash-and-burn restructuring, the result of years of hand-over-fist acquisitions that, whoops, it couldn't really afford, was "how we win." This was when Rogers was still Embracer's interim chief strategy officer, prior to his 2025 ascension to CEO, a not-really change in power that saw outgoing CEO Lars Wingefors, the mastermind of Embracer's rise and fall, become its executive chair, a position from which he will focus on "mergers and acquisitions and capital allocation."
Embracer announced the end of that restructuring in M...
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