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John Hight to Step Down as Wizards of the Coast President on September 1

Hasbro's $56 million write-down of video-game projects makes the leadership change significant for Wizards' future game investments.

Overview

  • An SEC filing on July 27 disclosed that John Hight will leave the president role at Wizards of the Coast on September 1 and that the company has begun an internal and external search for his successor.
  • The filing and company statement say Hight will stay with Wizards in an advisory capacity after September 1 while he pursues other creative and professional opportunities.
  • Last week Hasbro recorded a $56 million impairment tied to its video-game portfolio and confirmed it canceled several games scheduled for 2028 and later, narrowing the parent firm's slate of future releases.
  • Wizards has said its core franchises remain strong, that Magic: The Gathering and Dungeons & Dragons continue to perform well, and that selected 2027 titles such as Exodus and Warlock remain on track.
  • Hight’s two-year tenure prioritized initiatives like Magic’s Universes Beyond crossovers and the D&D 5.5 transition, moves that drew mixed fan reaction and that could shape how Wizards and partners approach future game investments and community relations.