Nick Brien resigns from Enthusiast Gaming

Enthusiast Gaminga Toronto-based esports and gaming company, has announced that it will Nick Brien has resigned as CEO effective immediately. The company has elected the current Chairman of the Board and former CEO, Adrian Montgomery, as interim CEO.and will initiate a search for a new replacement.

From an economic standpoint, 2023 was not a great year for esports, Enthusiast Gaming was one of many entities affected by the economic conditions. In its most recent financial report for the third quarter of 2023, it recorded a net loss of $42,7M, while revenues did not increase.

Nevertheless, the company is one of the few publicly traded esports companies, and owns several properties in the sector, such as. Luminosity Gaming, the FPS title EV.IO and the Call of Duty Seattle Surge league franchise.

The company is undergoing a critical transformation, so finding the right leader to drive our organization forward is imperative. As the former long-term CEO and current President, Adrian has consistently demonstrated tremendous experience in the capital markets and has successfully guided the company to its position as a leader in video gaming and entertainment in North America. The Board of Directors believes that Adrian is the right person to lead the Company through its transition, with the support of a highly talented team. We appreciate Nick’s contributions and wish him well.

Michael Beckerman, Director, Enthusiast Gaming

Prior to joining Enthusiast Gaming in March 2023, Brien had been CEO of advertising technology company Amobee and CEO in the Americas of Dentsua network marketing company.

In early September 2023, Enthusiast collaborated with. Netflix and Metavision to launch their first experience Fortnite Creative in-game for One Piece. During the third quarter, he also renewed and worked with notable brands such as. Coca-Cola, UPS, Toyota, Shell, FX Networks, AT&T, Paramount Pictures and ESPN.