Discord CEO Steps Down, Activision Blizzard Exec Takes Over Amidst IPO Rumors

Discord co-founder and CEO Jason Citron is stepping down, to be replaced by Humam Sakhnini, a former Activision Blizzard executive. Citron will remain on the board. The move comes amid reports that Discord is planning an IPO, and Sakhnini's experience leading a public company (as President of King Digital) makes him a strong candidate. Discord, initially a gaming communication platform, has grown into a general social platform with over 200 million monthly active users. A previous $10 billion acquisition attempt by Microsoft fell through, but Discord now integrates with both Xbox and PlayStation.