Discord Names Humam Sakhnini as New CEO Amid IPO Speculations

Discord Names Humam Sakhnini as New CEO Amid IPO Speculations
Discord has appointed Humam Sakhnini, former Vice Chairman of Activision Blizzard, as its new CEO, as co-founder Jason Citron steps down after 13 years. The move signals Discord's renewed focus on gaming, moving away from its social media roots, and comes as the company prepares for a potential IPO. With over 200 million monthly active users, Discord aims to explore monetization through advertising and micro-transactions. However, gamers express concerns about the company adopting a more corporate strategy. Citron will remain involved as an advisor and board member.