Wizards of the Coast president steps down after only two years in the role

The president of Wizards of the Coast, John Hight, is stepping down after only two years in the role. This announcement follows a week after Hasbro recorded a $56 million impairment charge caused by cancelled videogame projects. The departure of the executive comes amidst these financial setbacks for the parent company, marking a significant leadership change shortly after the reported losses from the halted game developments were revealed to the public and stakeholders.