PayPal exec becomes Jagex CEO

Jagex has a new CEO, with former PayPal CEO Geoff Iddison taking the boss’ chair.

He takes over from Former CEO Constant Tedder, who will remain on the board of directors. Iddison led eBay-owned PayPal from August 2003 and oversaw its global expansion.

Jagex develops and manages RuneScape, a youth-oriented browser based MMO which the studio says has over six million regular players globally, and has over 400 employees.

“I am very excited about joining Jagex. The company has built an amazing international playing community through the RuneScape game. The technology used to distribute the game and the incredible depth offered to anyone playing RuneScape makes Jagex a very different gaming company,” said Iddison.

“Jagex’s mantra is to offer fun, meticulously written and deep storyline-driven online games, at a price which offers unmatched value for money. This will continue to be the basis of the future strategy for the company.”

Andrew Gower, founder and head of game development, added: “I am delighted that Geoff has joined us. His track record in e-commerce will definitely help us achieve our next level of goals.

“I, like the rest of Jagex, am excited about how Geoff will lead the business. There are many exciting projects in the pipeline and we can’t wait to further improve our service and the games we offer.”