Mikael Hed is stepping down as the CEO of Rovio after five years, with Pekka Rantala being promoted to the position.
Hed will take a place on the board of directors at the Angry Birds owner, whilst also becoming chairman of the group's burgeoning movies and animation division - due to release the first full Angry Birds movie in 2016. Rovio has maintained for many years that it is much more than a games business, and the animation position is likely to be an influential one in coming years.
"It has been an amazing ride and in the coming months I will be very happy to pass the hoodie to Pekka Rantala, who will take Rovio to the next level," said Hed. "Pekka is known to be a great leader with experience building successful global consumer brands. I will continue to play an active role and will support Pekka in any way I can to ensure Rovio's continued success."
Most recently, Rantala has been the CEO of Hartwall, a Finnish beverage company. Before that he was MD of Fazer brands, after a long career in Nokia management. The switch will take place on January 1, 2015.