Games Workshop CEO Wells Steps Down

Games Workshop CompanyNews from the company front of Games Workshop, even if it is sparse. After 5 years at the helm, Mark Wells is stepping down as CEO of Games Workshop.

Here is the (rather brief) press release from Games Workshop PLC released on January 18, 2013.

Games Workshop announces that after five years of outstanding service Mark Wells is stepping down as CEO.  He leaves on good terms and with our very best wishes.

The board will be seeking to appoint a new CEO in due course.  In the meantime, our Chairman, Tom Kirby, will be Acting CEO and Chairman.

Essentially, this is happening just a week after the latest dividends have been paid, so I presume it is a move that has been planned for a while.

Games Workshop Group PLC announces that the Board yesterday declared a dividend of 18 pence per share.  This will be paid on 9 January 2013 for shareholders on the register at 30 November 2012.

Thoughts?

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Hi. I am Zweischneid. Wargame Addict. Miniature Connoisseur. Aspiring Blogger. Did you like this post? Follow me on Twitter or Facebook for more. And don't forget to share your favourite miniature pictures and wargaming videos at www.pinsofwar.net.


  • http://www.facebook.com/people/Thomas-Evans/1801198167 Thomas Evans

    Maybe this will signal change in polices from a business standpoint.

  • Gene Jordan

    He did a few things right, such as moving them into modern technology with books available for tablet computers and the move towards models made of resin instead of metal or plastic. Plus, the quality of the plastic models has greatly improved over the past 5 years. Just compare the models in the 40K Assault on Black Reach with the 40K Dark Vengeance box sets.

    • http://pinsofwar.net/ Zweischneid

      True.

      I am not saying he had a bad run. The products, as you say, as well as financially, it’s been 5 good years by and large.

      Maybe he just “retires” to a less stress-full position on the board.

    • muleyyy

      >modern technology for a tablet computer
      there, fixed

      but aside from that i agree, the quality of the miniatures with dark vengeance is excellent, they are finely detailed and easy to put together

      the decision to move to resin will be validated when the finecast models have reliable quality though, personally i have noticed too many air bubbles and too much flash considering the higher pricetag, if i pay more i expect a quality product