Jagex appoints new CEO

Jagex has appointed Mark Gerhard as its new CEO, effective from February 2nd.

Gerhard joined the firm in 2008 as its chief technology officer. He was previously at GTECH, where he was principle security architect for the National Lottery.

“Having the opportunity to build on Jagex’s phenomenal success is a great privilege and I’m honored by the boards’ endorsement,” said Mark Gerhard. “I fully intend to build value for Jagex, our players and our great staff.”

He takes the role after previous CEO Geoff Iddison resigned last month. “I have enjoyed working for Jagex immensely,” said Iddison.

“The business remains at the cutting edge of the video games industry and its continued growth reflects the strong business model and the high calibre of people within the company. It was great to be part of a business which is shaping the industry in such a way.”

Jagex founder Andrew Gower added: “On behalf of everyone at Jagex, I’d like to thank Geoff for everything he has brought to the business over the last 18 months, and wish him all the best with his future endeavours. We have an exciting year planned for 2009 and are confident of continued success with Mark as our new CEO. Mark has performed exceptionally well since joining the company last year and I am sure that Jagex will continue to flourish under his leadership.”