The chief executive of Angry Birds developer Rovio said she will leave the company at the end of the year.
Kati Levoranta, who took the reins in 2016 and led the company through its 2017 IPO, announced Monday that she will leave Rovio in a mutual decision, declining to elaborate.
“We came to this conclusion by mutual consent with the board,” Levoranta told Reuters in an interview.
Rovio’s public listing was initially a success, but the company issued a surprise profit warning just five months later, angering investors and halving its share price in one day. The gaming company is currently trading 50 per cent lower than its listing price of 11.50 euros. (NYPost)