In a recent press release, Ted Price, CEO and Founder of Insomniac Games, announced his plan to retire in March. He shared that he informed his team last week before publicly revealing his decision in a blog post. Ted Price explained that the idea arose last year, stating, “I felt it was simply time to step aside and let others pave the way for our team.”
Price founded Xtreme Software in 1994, which was renamed Insomniac Games the following year. The studio’s first project, Disruptor, performed poorly and almost led to its closure. Thankfully, Price managed to navigate this challenging period and release the studio’s second game, Spyro the Dragon, which was highly successful. The company continued working closely with Sony, releasing several high-quality games, such as the Marvel’s Spider-Man series and Ratchet & Clank.
Price’s retirement follows several other high-profile departures from Sony. Sony Interactive Entertainment president Jim Ryan retired in March 2024 after 30 years with the company. More recently, Shuhei Yoshida also left Sony in January 2025 after three decades at the company.
With Price leaving Insomniac Games, the studio will be led by three key figures: CFO Jen Huang, creative head Chad Dezern, and leadership head Ryan Schneider. These individuals have been with the company for at least a decade. “They’ve consistently demonstrated the kind of collaboration and transparency that’s part of our DNA,” Price said. “And just as important, their skill sets are truly complementary.”
Besides thanking the team and fans for their support, Price said he was looking forward to experiencing Insomniac Games’ projects as a player. After years of playing games while searching for bugs, he is more than ready to abandon that habit. “Thank you to Insomniacs, to our players, and to videogames for 30 wonderful years,” Price said.
Fans have responded positively to Price’s retirement, with many feeling that he deserves the rest after working hard for Insomniac Games for so long. The studio has provided numerous great games over the past decades, and many fans are satisfied with Price’s leadership. “Retiring at 52 must be nice,” one Redditor commented.
