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Nexon Names Embark CEO Patrick Söderlund Executive Chairman

The Embark founder will outline a transformation plan at a March 31 investor briefing.

Overview

  • Nexon created the executive-chairman role for Söderlund to lead a company-wide strategic transformation spanning portfolio strategy, M&A, and organizational development.
  • He will remain CEO of Embark Studios and work closely with Nexon CEO Junghun Lee, who said they are fully aligned on transforming the company.
  • Arc Raiders has surpassed 14 million sales within months, a performance Nexon describes as a blockbuster and one Lee said doubled his expectations.
  • Nexon reported record revenue for 2025 for a third consecutive year, crediting Dungeon & Fighter, MapleStory, and Arc Raiders.
  • Söderlund previously led studios at EA and DICE and has served on Nexon’s board since the company’s 2018 investment in Embark.