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Wizards of the Coast President Steps Down After only Two Years in the Role, Following Several Game Cancelations

John Hight will remain an adviser as Wizards searches for a successor while Hasbro refocuses its gaming division after a $56 million impairment charge.

  • On Tuesday, a U.S. Securities and Exchange Commission filing revealed that John Hight, President of Wizards of the Coast, will step down effective September 1, transitioning to an advisory role.
  • Hight joined the company in 2024, replacing Cynthia Williams after nearly 13 years at Blizzard Entertainment, during which he led Wizards through unprecedented financial success.
  • Magic: The Gathering achieved $1.72 billion in annual revenue, recently accounting for approximately 48% of Hasbro's quarterly revenue amid broader company growth of 45% year-over-year.
  • While Hasbro announced a $56m impairment charge and cancelled several projects, the company confirmed its 2027 video game slate, including Exodus and Warlock, remains on track.
  • Wizards is launching an internal and external search for Hight's successor ahead of the Dungeons and Dragons Vision Keynote at GenCon 2026, where major product announcements will be shared.
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After just two years, Wizards of the Coast will once again see a change of management. President John Hight leaves his post, but the company will initially remain as a consultant.

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John Hight will leave office as president of Wizards of the Coast, the D&D-owned company. He will officially leave office on September 1, but will continue to work for Wizards as an advisor after his departure as president. Hight moved to Wizards of the Coast from Blizzard, where he was CEO of the Warcraft franchise. He worked in Blizzard for almost 13 years, and has been president of Wizards of the Coast for two years, after joining the company…

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GamesIndustry.biz broke the news in London, United Kingdom on Tuesday, July 28, 2026.
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