Insomniac Games CEO Announces Retirement After Three Decades

Ted Price, the founder and president of Insomniac Games, announced his retirement after over 30 years with the studio. Price, who has been instrumental in creating beloved franchises like “Spyro the Dragon,” “Ratchet & Clank,” and “Marvel’s Spider-Man,” shared his decision to step down at the end of March 2025.

In his blog post, Price expressed his gratitude for the fulfilling career he has had and his confidence in the new leadership team. He introduced Chad Dezern, Ryan Schneider, and Jen Huang as the new co-heads of Insomniac Games, who will continue to lead the studio into the future.

Price also acknowledged the challenges faced by the team due to recent events, such as the LA wildfires, and praised the Insomniac employees for their resilience and dedication. He emphasized his commitment to supporting those affected and ensuring a smooth transition for the studio.

Therefore, last week, I felt comfortable announcing to the Insomniac team that after having been incredibly fortunate to enjoy such a fulfilling career in games, I’ll be retiring from the industry at the end of March. Today, I’m sharing this news more broadly.

I actually made this decision last year. For me, after over 30 years of leading Insomniac, I felt it was simply time to step aside and let others pave the way for our team. 

During the past year, I had the opportunity to work with the senior leadership team at Insomniac to create a succession plan that I know will provide the continuity, stability and strong leadership necessary to deliver more of what our fans cherish over the next several decades.

Ted Price founded Insomniac Games in 1994 as Xtreme Software, which was later renamed Insomniac Games in 1995. The studio’s first project was “Disruptor” for the original PlayStation, which didn’t perform well commercially.

In 2019, Insomniac Games was acquired by Sony Interactive Entertainment and became part of PlayStation Studios. This acquisition marked a significant milestone for the studio, solidifying its position within the PlayStation ecosystem.

Ted Price has been the president and CEO of Insomniac Games for over 30 years. Under his leadership, the studio has grown and produced numerous successful games.