MLG CEO Resigns, DiGiovanni Steps Up

BY Andrew Miesner / May 11, 2010

Yesterday, Matthew Bromberg of Major League Gaming, has resigned from the position of Chief Executive Officer due to opinion differences on how the company should grow. Bromberg, who ran MLG for four years, will be replaced by Chief Brand Officer Sundance DiGiovanni, who is currently MLG’s co-founder and interim CEO. 

Bromberg says:


We have had an extraordinary run of growth and success over the last four years. There was a feeling among the founders that it was time to scale back our ambitions and grow more slowly. That isn’t in my nature, and was not my plan. We all agreed it was best to find a new CEO to execute this strategy

 

Sundance DiGiovanni’s goal as CEO is to focus on profitable growth on a consistent basis and to grow the company at a slower pace. It may also be expected that MLG would focus on delivering quality tournaments for partners such as EA Sports, ESPN, Doritos and others.


We had a recent board meeting with divergent opinions about the focus for the company, We are not changing the plan. It’s just a change in the velocity at which we are attempting to travel

 

Major League Gaming is close to being consistently profitable says DiGiovanni. Although, DiGiovanni states that he is only appointed to CEO on a interim level, he may consider to be the permanent CEO of MLG if asked. Bromberg will be an advisor to Oak Investment Partners, which is MLG’s primary investor.

Major League Gaming has also updated their Executive Team page, confirming the recent leadership changes.

About Sundance DiGiovanni: Sundance co-founded MLG with Mike Sepso in 2002 so he could combine his lifelong passion for gaming and his deeply competitive nature. As chief marketing officer of Major League Gaming, Sundance focuses on the long-term roadmap of competitive video game play and the various distribution channels that are bringing this burgeoning sport to the masses.

Source: Venturebeat