Stepping up growth and getting the Company ready to deliver larger-scale projects are the key goals Przemysław Marszał has set himself as the new President of the Management Board of 11 bit studios S.A.
At its meeting on October 24th 2020, the Supervisory Board of 11 bit studios S.A. appointed Przemysław Marszał as President of the Company’s Management Board. Previously serving as a Member of the Company’s Management Board, Przemysław Marszał has replaced Grzegorz Miechowski, who has resigned as President of the Management Board. Mr Miechowski will continue to serve in a senior management role at 11 bit studios S.A. as Chief Operating Officer (COO).
‘We are in a great place to move 11 bit studios S.A. forward on its growth path. We make an excellent team, we develop unique and meaningful video games, and we are on a strong financial footing. We understand ourselves, our strategy, and meaningful games. We are a leading publisher of global renown with a track record of releasing hit titles and a large fan base waiting for new games,’ says the new President of the Management Board of 11 bit studios S.A. He believes the challenge of creating ever larger and more ambitious gaming projects by teams of more than 100 members that the Company is facing today requires change. ‘We need to focus on fostering a dynamic organisation that supports the work of large teams. We want to build larger-scale alternative AAA projects while gaining a better insight into our competitive strengths and building them for the future,’ Mr Marszał explains. He believes the change in the division of responsibilities on the Management Board will enhance its operation. ‘Eleven years of working together with Grzegorz at 11 bit studios S.A. has led to the creation of a company with a robust business and financial base. The team is regrouping to make a bold move forward on its growth path,’ adds Mr Marszał.
‘Przemek is a visionary. He has extensive knowledge of the industry, intuition and is not afraid to envision development directions of the gaming industry and the future of 11 bit studios. He will strengthen our potential by taking charge of strategic long-term planning and innovation while I focus on my fields of expertise, that is operational, financial, administrative and marketing aspects. A clear division of responsibilities matching our individual skills and abilities is a change we need and consider extremely positive,’ says Grzegorz Miechowski, Member of the Management Board of 11 bit studios S.A. He asserts he strongly believes the Company has a bright future ahead, therefore he has no intention of parting ways with it as an equity holder or otherwise. ‘Let me stress that the proposal of changes on the Management Board that I approached Przemek with some time ago was a result of a long thinking process. This makes me confident that I’m handing over the helm to a person who is best qualified to strategically lead the company going forward,’ adds Miechowski.
The new 11 bit studios S.A. chief has announced the Company will continue to focus on developing and publishing meaningful entertainment games. ‘We feel extremely comfortable in this market segment. I would even say we have built it, and we are set to advance it. This direction implies a strategic increase in investments in new projects, including external ones. We plan to release more titles, with their scale growing. We uphold our long-term goal of becoming the world’s leading alternative AAA games developer. I’m confident we’re capable of delivering that goal,’ concludes the CEO.
