Jam City announced that cofounders Chris DeWolfe and Aber Whitcomb have left for a new mobile game startup and Josh Yguado will step up to be CEO. Yguado, also a co-founder, was previously chief operating officer and president. SeungWon Lee, chairman of Jam City, will also be elevated to executive chairman of Jam City. Lee is also president of Netmarble, the majority owner of Los Angeles-based Jam City.
Yguado said he was honored to take the new role and he said the change is appropriate given the company’s evolving strategy around blockchain games and mobile free-to-play titles. DeWolfe, former CEO, and Whitcomb (formerly CTO) will move on to start social platform Plai Labs, which will take Jam City’s first blockchain game Champions Ascension, which launched in the middle of last year.