GDEV’s chief operating officer to step down effective July 1

Published 23/06/2025, 13:10
GDEV’s chief operating officer to step down effective July 1

LIMASSOL, Cyprus - Gaming and entertainment company GDEV Inc. (NASDAQ:GDEV), currently valued at $334 million, announced Monday that Chief Operating Officer Olga Loskutova will leave her position effective July 1, 2025.

Loskutova has served as COO since October 2024, during which time she established planning, reporting and cross-studio coordination frameworks that support the company’s operating model.

"Olga’s operational expertise helped us put the right structure in place at a critical moment," said Andrey Fadeev, Founder and Chief Executive Officer of GDEV, in a press release statement.

GDEV, headquartered in Cyprus, operates as a gaming and entertainment holding company focused on developing its franchise portfolio across various platforms. The company owns subsidiaries including Nexters and Cubic Games.

The company’s gaming franchises, which include Hero Wars, Island Hoppers, and Pixel Gun 3D, have accumulated over 550 million installs and $2.5 billion in bookings worldwide.

GDEV did not announce a successor for the COO position in its statement.

The company filed its 2024 Annual Report on Form 20-F with the Securities and Exchange Commission on March 31, 2025.

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