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Rovio’s investor relations chief exits

Ville Heijari named CEO of Rovio Entertainment Corporation

Rovio’s investor relations chief exits

Rovio has had a shake-up of its leadership team that includes the departure of its SVP of communications and investor relations Rauno Heinonen.

The exec had only joined the company back in September as the Angry Birds developer prepared for its initial public offering.

In that time Rovio’s flotation has encountered troubles amidst investor concern over lower than expected profits and the amount of money the company is pumping into user acquisition.

Investor relations duties will be taken up by chief corporate development officer Mikko Setälä.

Executive shake-up

Elsewhere, the firm’s games business chief marketing officer Ville Heijari has been appointed CMO of Rovio Entertainment Corporation.

In the role he’ll be responsible for the company’s overall marketing, communications and brand, and will report directly to CEO Kati Levoranta.

The changes to the leadership team have been made effective April 11th 2018.

The news comes just over a month after Rovio's head of games Wilhelm Taht left the company due to "personal reasons". He had been with the developer for three years and oversaw a turnaround in fortunes of its games business as it pivoted to free-to-play.

Rovio also closed down its London studio, resulting in seven job losses.

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Craig Chapple is a freelance analyst, consultant and writer with specialist knowledge of the games industry. He has previously served as Senior Editor at PocketGamer.biz, as well as holding roles at Sensor Tower, Nintendo and Develop.