News Summary

Discord CEO and co-founder Jason Citron has announced his resignation from the leadership role at the leading social chat app. He will be succeeded by Humam Sakhnini, a former executive from Activision Blizzard. Citron will continue to serve on Discord’s board of directors while co-founder Stanislav Vishnevskiy remains the chief technology officer. Discord has evolved from a platform for gamers to a broader social platform with over 200 million monthly active users. The leadership change comes as Discord prepares for a potential IPO, with Sakhnini’s experience at public companies seen as a strategic asset. Previously, Discord was in acquisition talks with Microsoft, but the deal did not materialize.