Remedy Entertainment Plc Inside information October 22, 2025, at 9:15 a.m. EEST
Inside information: Change of CEO in Remedy Entertainment Plc, Markus Mäki appointed as the interim CEO and Henri Österlund assumes the role of the Chairman of the Board
Tero Virtala, CEO of Remedy Entertainment Plc, and the Board of Directors of the company have mutually agreed that Tero Virtala will step down from his position as the company's CEO with immediate effect. Virtala has acted in the position since August 2016. The company will initiate a search process for a new CEO immediately. Virtala will continue at the service of the company during an agreed transition period to support the handover of CEO duties.
Remedy's Board of Directors has appointed Markus Mäki as the company's interim CEO, effective as of October 22, 2025. Mäki is one of the founders of the company. He has been a member of the Board since 1995 and acted as the Chairman of the Board until his appointment. In addition, he is a member of the company's core management team responsible for production. Following his appointment, Mäki will step down from his role as the Chairman of the Board and continue as an ordinary member of the Board. The Board has elected Henri Österlund, who has been member of Remedy's Board since 2017, as the new Chairman of the Board.
"I want to thank Tero Virtala for his substantial contribution to the management of Remedy since 2016. I personally thank Tero for good cooperation and wish him all the best for the future," says Remedy's interim CEO Markus Mäki.
REMEDY ENTERTAINMENT PLC
More Information
Markus Mäki, Chief Executive Officer
Telephone: +358 9 435 5040
Email: markus.maki@remedygames.com
Santtu Kallionpää, Chief Financial Officer
Mobile: +358 40 576 8060
Email: santtu.kallionpaa@remedygames.com
Remedy in brief
Remedy Entertainment Plc is a pioneering, globally renowned video game company founded in 1995 and headquartered in Finland with an office in Stockholm, Sweden. Known for its story-driven and visually stunning action games, Remedy has created multiple successful, critically acclaimed franchises such as Control, Alan Wake and Max Payne. Remedy also develops its own Northlight game engine and tools technology that powers many of its games. Remedy's shares are listed on Nasdaq Helsinki's main list.
www.remedygames.com
