Longtime CEO at PlayStation's Bungie, Pete Parsons, is stepping down from his post at the video game developer behind "Destiny 2" and "Marathon."

In a major studio shift, Pete Parsons is stepping down from his role as CEO of Bungie, a role he's held since 2016. In his place, Justin Truman, a 15-year employee at Bungie, will take over. The news was revealed in a post on Bungie's own website titled "Passing The Torch." There, Parsons shared that he had "decided to pass the torch."

Bungie CEO Pete Partons is retiring from his position and new studio head Justin Truman, a Bungie and Destiny veteran of 15 years, is stepping up to the plate.