John Hight will step down as president of Wizards of the Coast on September 1, 2026, after serving in the role since August 2024 [1, 2, 3]. Following his resignation, he will remain with the company as an advisor for up to one year while Wizards of the Coast conducts an internal and external search for his successor [1, 3].
Hight joined Wizards of the Coast after nearly 13 years at Blizzard Entertainment, leaving Blizzard in June 2024 and immediately taking on the presidency at Wizards of the Coast two months later [2, 1]. His annual salary at Wizards is $800,000, which he will continue to receive during his advisory tenure, although his previous cash bonuses will cease [2].
Hasbro, the parent company of Wizards of the Coast, last week disclosed a $56 million impairment charge linked to the cancellation of several video game projects slated for release in 2028 and beyond. These cancelled projects include a Dungeons & Dragons game from Giant Skull studio and a GI Joe title deemed troubled [1, 2].
Despite these setbacks, Wizards of the Coast reported strong ongoing performance from its flagship franchises Magic: The Gathering and Dungeons & Dragons, consistent with the most recent earnings release [1, 3]. The company also confirmed its 2027 video game slate, featuring titles Exodus and Warlock, remains on schedule amid the leadership change [1, 3].
Earlier this year, the Magic: The Gathering Arena development team formed a union named United Wizards of the Coast, affiliated with the Communications Workers of America, marking a notable labor development within the company [3].
Wizards of the Coast issued a statement thanking Hight for his leadership and contributions. “John will continue to support Wizards in an advisory capacity while pursuing other creative and professional opportunities he’s passionate about,” the company said, adding there is no change in the strength of its business [1].
John Hight’s official resignation and transition to advisor will take place on September 1, 2026, with the search for his replacement ongoing.