A New Era Dawns: Pete Parsons Steps Down as Bungie CEO, Mark Noseworthy and Rune Hellem Take the Helm
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- August 23, 2025
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After an illustrious career spanning over two decades with the acclaimed studio, Pete Parsons is stepping down from his role as CEO of Bungie, ushering in a new chapter for the developer behind the beloved Destiny franchise. His departure marks a significant leadership transition, with Mark Noseworthy, former Chief Creative Officer, and Rune Hellem, former Chief Product Officer, jointly assuming the mantle of Co-CEOs.
Parsons, who first joined Bungie in 2002 and ascended to the CEO position in 2015, has been a pivotal figure in the company's journey through some of its most transformative periods.
He played a crucial role during the studio's independence from Microsoft, the launch and evolution of the immensely popular Destiny series, and more recently, the landmark acquisition by Sony Interactive Entertainment. His leadership saw Bungie grow not just in its creative output but also in its global standing within the gaming industry, fostering a unique culture and commitment to its player community.
While the exact reasons for his departure were not detailed, the transition appears to be a carefully orchestrated move, signaling a forward-looking strategy for Bungie.
Parsons will not be entirely severing ties with the company he helped shape; he is set to remain on the board of directors and will continue to serve as a strategic advisor. This arrangement ensures that his vast experience and institutional knowledge will still benefit Bungie as it navigates future endeavors and expands its universe.
The appointment of Noseworthy and Hellem as Co-CEOs reflects a strategic decision to leverage their complementary strengths.
Noseworthy, with his deep creative vision, and Hellem, with his extensive product development and management expertise, are poised to lead Bungie into its next phase of innovation. Their combined leadership aims to maintain the studio’s 'player-first' philosophy, which has been a cornerstone of its success, while also pursuing ambitious new projects and further expanding the reach of the Destiny universe.
This leadership shuffle comes at an exciting time for Bungie, as it continues to support Destiny 2 with ongoing expansions and seasonal content, all while rumored to be working on new intellectual properties.
The gaming world will be keenly watching to see how this new dual leadership structure propels Bungie forward, building upon Parsons' legacy and forging new paths in interactive entertainment.
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