The Board of Directors of Thunderful Group AB ("Thunderful") today announces that it has agreed upon a transition plan with Martin Walfisz that will leave the role as CEO of Thunderful.
Martin Walfisz has served as CEO of Thunderful since August 28, 2023. The Board of Directors of Thunderful, together with Martin, have agreed that he will step down from his role as CEO of Thunderful upon identification of a successor. A process to recruit a new CEO has been initiated, and Martin will actively remain in his position until a new CEO has assumed the role, but no later than December 31, 2025.
The agreement was reached in light of the fact that Thunderful today, in a separate press release, announced a significant restructuring aimed at creating an organization better suited to Thunderful's release pipeline and existing catalogue sales.
"With the restructuring announced today, Thunderful is entering a new phase, and it is also an appropriate time for a change in leadership. These two years turned out to be neither what Martin nor the board had hoped for, but despite facing extreme adversity, Martin has tackled his tasks with determination, loyalty, and hard work. I thank Martin for this and wish him the best of luck" says Patrick Svensk, Chairman for Thunderful.
For more information, please contact:
Patrick Svensk, Chairman of the Board, Thunderful Group, +46 708 66 07 30
About Thunderful Group
Thunderful Group is focused on publishing and developing high-quality digital games for PC and console platforms. Headquartered in Gothenburg, Sweden, Thunderful Group spans a significant part of the gaming industry value chain through its two main business segments: Publishing and Co-Development & Services. These segments work together to develop, market, and support a diverse portfolio of gaming experiences. Thunderful Group is listed on Nasdaq First North Premier Growth Market. The company's Certified Adviser is FNCA Sweden AB.
This information is information that Thunderful Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-07-29 07:55 CEST.
