Insomniac Games president Ted Price announces retirement

Ted Price, President and Founder of Sony‘s (SONY) Insomniac Games, announced his retirement after three decades in the video game business. “As a result of the team’s persistence and collaboration, we’re in one of the strongest positions we’ve experienced in years, with each game in development looking beautiful and playing fantastic,” Price said. “Therefore, last week, I felt comfortable announcing to the Insomniac team that after having been incredibly fortunate to enjoy such a fulfilling career in games, I’ll be retiring from the industry at the end of March. Today, I’m sharing this news more broadly. I actually made this decision last year. For me, after over 30 years of leading Insomniac, I felt it was simply time to step aside and let others pave the way for our team. During the past year, I had the opportunity to work with the senior leadership team at Insomniac to create a succession plan that I know will provide the continuity, stability and strong leadership necessary to deliver more of what our fans cherish over the next several decades. So also today, I’m extremely happy to announce that Chad Dezern, Ryan Schneider and Jen Huang will become Insomniac Games’ new Co-Studio Heads. I believe strongly that for us to continue our success, we need leaders at the top who are intimately familiar with how we do things, leaders who have helped build our culture and our processes, and who have earned people’s trust.” The Fly notes that Insomniac, which is a fully-owned subsidiary of Sony, has developed the recent PlayStation-exclusive “Spider-Man” games, and has also developed titles such as the original “Spyro the Dragon” games, “Sunset Overdrive,” “Resistance,” and “Ratchet & Clank.”