Remedy CEO steps down following financial flop of FBC: Firebreak
Tero Virtala, who was CEO of Remedy Entertainment since Aug. 2016, stepped down on Oct. 22, 2025, as was officially declared on the company’s website.
Remedy’s Board of Directors has appointed Markus Mäki as the company’s interim CEO, with the company initiating a search process for a new permanent candidate for the role.
Following the appointment, Mäki stepped down from his role as the Chairman of the Board (he will remain an ordinary member of the Board), with Henri Österlund being elected as the new Chairman.
During Tero Virtala’s service, the company released 2019’s Control, 2021’s Alan Wake Remastered, 2022’s CrossfireX, 2023’s Alan Wake 2, and 2025’s FBC: Firebreak, which became a financial disaster for the company.
The news came 12 days after the company announced that the long-term sales forecast for FBC: Firebreak, following the game’s release, has continued to underperform despite recent updates (Breakpoint DLC launched on Sept. 29, 2025).
Set six years after the events of Remedy’s Control, FBC: Firebreak follows the story of a special unit of soldiers named Firebreak, tasked with clearing the Oldest House of enemies infected by the Hiss. The game is a team-based, player-versus-environment shooter where players can team up in groups of three, duos or run in solo.
As of the time of writing, released for PlayStation 5, Windows PC, and Xbox Series X|S on June 17, 2025, the title has a “Mixed” rating on Steam with 1,726 reviews.