The founders of Major League Gaming and the leagueâs CEO have parted ways over a difference in how the professional gaming league should be expanding, with the ousted chief apparently not getting support for more aggressive growth plans.
Matthew Bromberg ran the New York-based league for the past four and a half years; heâs out, telling VentureBeat that âThere was a feeling among the founders that it was time to scale back our ambitions and grow more slowly. That isnât in my nature, and was not my plan.â
The two sides couldnât resolve their differences, and both figured itâd be better if Bromberg hit the trail.
Bromberg will remain as an advisor with the firm that is MLGâs primary investor. Founder Sundance DiGiovanni will take over as the interim CEO. He says that while MLG heard âdivergent opinions about the focus for the companyâ at a recent board meeting, the companyâs overall strategy isnât changing. âItâs just a change in the velocity at which we are attempting to travel,â DiGiovanni said.
Founded in 2002, MLG has partnerships with A-list brands like ESPN and Doritos, and averages 10,000 attendees at its Pro Circuit events held across the U.S. DiGiovanni said MLG is close to becoming consistently profitable, and would consider becoming the permanent chief executive if asked to do so.
Major League Gaming CEO Resigns in Split Over Growth Plans [VentureBeat]
