Wizards of the Coast president John Hight is set to leave his role after about two years in the position, according to information disclosed in a U.S. Securities and Exchange Commission filing. The filing, reported by GamesIndustry.biz and referenced by PC Gamer, says Hight will step down effective September 1. Both outlets note that the change does not mean he exits the company entirely; he is expected to move into an advisory role after stepping down as president.
Hight began the presidency in August 2024. The reported transition follows a recent corporate development involving WOTC’s parent company, Hasbro. PC Gamer and Rock Paper Shotgun both point to Hasbro taking a $56 million impairment charge related to cancelled video game projects in the week before Hight’s departure was disclosed. While the sources connect the timing, they do not present evidence that the impairment directly causes the leadership change.
Overall, the reporting describes a scheduled executive transition from president to advisor, effective September 1.