Electronic Arts have announced that Frank Sagnier, CEO of Codemasters, and Rashid Varachia, CFO of Codemasters, will both be stepping down from their respective roles at the end of July 2021. Codemasters has confirmed that Sagnier and Varachia’s departure was always “part of the plan” and was only sped up by the EA acquisition. Codemasters will now be led by Cam Weber under the EA Sports umbrella.

Here’s what Electronic Arts had to say:

Since joining in 2014, Frank has led Codemasters to a position as a globally renowned studio of racing experts, and enabled their world class talent and passion for motorsports to shine and excel on a global stage. Rashid’s financial leadership has also been integral to Codemasters’ success, his contributions include driving key acquisitions, listing on the stock market back in 2018, and leading the due diligence and integration of Codemasters into EA. We are incredibly thankful to Frank and Rashid for everything they have done for Codemasters and Electronic Arts, and we all wish them the very best. We know the culture they have created and their innovative spirit will very much live on at the studio through their outstanding leadership team.

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