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Pete Parsons Is Out At Bungie After Studio Turmoil, But Is That Why?

Justin Truman, a 15-year Bungie veteran and former chief development officer, takes over as studio head after Pete Parsons steps down after 20 years leading the studio.

  • Longtime Bungie CEO Pete Parsons resigned in July 2024 amid significant challenges facing the company.
  • Parsons’ exit came in the wake of Bungie laying off more than 200 staff members due to issues with the performance and reception of Destiny 2’s Lightfall expansion, compounded by continued setbacks related to delays of the Marathon project.
  • Parsons joined Bungie in 2002, became CEO in 2016, led its exit from Activision, and oversaw its 2022 acquisition by Sony for $3.7 billion.
  • Justin Truman, a 15-year Bungie veteran who was chief development officer and Destiny 2 general manager, will now serve as studio head focusing on Marathon and Destiny.
  • Bungie faces ongoing challenges including delayed projects and staff reductions, but commits to creating worlds that inspire friendship under new leadership.
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Kotaku broke the news in on Thursday, August 21, 2025.
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