Business
CEO TRANSITION
Frontier Developments plc announced that CEO Jonny Watts will step down for personal reasons, effective January 1, 2026, with Chief Marketing Officer Jo Cooke appointed as his successor. Watts, who has been with the company for 27 years and CEO since August 2022, successfully led a turnaround plan focusing on creative management simulation games, contributing to the recent strong performance of Jurassic World Evolution 3. The company also provided notice that its interim financial results for the six months ended November 30, 2025, will be published on January 14, 2026, with an update on December trading expected at that time. Disclaimer*
About this update from Frontier Developments Plc
[{"type":"text","content":"\n\n16 December 2025\nCEO TRANSITION\nFrontier Developments plc (AIM: FDEV, 'Frontier' or the 'Company'), a leading developer and publisher of video games based in Cambridge, UK, announces that CEO Jonny Watts has informed the Board that he plans to step down from the Board for personal reasons, including spending more time with family.\nJonny, who has been with Frontier for 27 years and became CEO in August 2022, led Frontier's turnaround plan, spearheading a strategic shift back to Frontier's core strength in creative management simulation ('CMS') games, restoring growth and profitability. Following the successful launch of Jurassic World Evolution 3 in October 2025, Jonny believes now is the right time to hand over the reins.\nThe Board is delighted to announce the appointment of Jo Cooke as CEO. Currently Chief Marketing Officer, Jo has worked closely with the team to deliver a great result with the launch of Jurassic World Evolution 3 and brings deep industry experience from senior publishing roles, including Maxis, Curve Digital, Bastion, and her previous tenure at Frontier from 2014 to 2017. She rejoined the company in August 2025.\nJo is expected to formally join the Board as CEO, effective 1 January 2026, subject to the completion of customary due diligence by the Company's Nominated Adviser. Jonny will remain on the Board until 31 May 2026 to support a smooth transition.\n \nNotice of interim results\nFrontier provides notice that it expects to publish its interim financial results for the six months ended 30 November 2025 at 7am (GMT) on Wednesday 14 January 2026.\nFrontier's portfolio of world-leading creative management simulation games, including the recently released Jurassic World Evolution 3, continues to perform well, ahead of seasonal price promotions this month. Frontier expects to provide an update on December trading alongside the interim results in January.\nThe management team will host a presentation for analysts and institutional investors at 9.30am (GMT) on the day of the interim results. To register, please contact [email protected].\n \nJonny Watts, current CEO, said:\n\"It's been a privilege to contribute to the amazing games Frontier has developed throughout my 27 years. During my tenure as CEO, I am pleased that we have turned the business around to focus back on our key strengths. The ...