Frontier Developments plc announced David Braben's transition to his new role of President and Founder, with Jonny Watts, currently Chief Creative Officer, being appointed as CEO, effective from August 10, 2022, to lead the next phase of the Company's evolution. As CEO, Jonny Watts will build on an exceptional track record at Frontier having worked closely with David Braben for over 24 years, and as Chief Creative Officer since 2012. The partnership has delivered outstanding success for the Company, including the substantial value created over the last decade from Frontier's transition to self-publishing, development of a portfolio of high-quality games played by millions around the world, and record revenue (unaudited) of £114 million in FY22.

Jonny has been key to the Company's major game successes over recent years, and he has also been instrumental in establishing and delivering Frontier's successful Develop, Launch and Nurture strategy, which delivers long-term value to both Frontier's players and investors. In his new role as CEO, Jonny will be responsible for all aspects of day-to-day leadership and delivery against Frontier's operational and longer term strategic plans.