Digital Chocolate president Paananen steps down

States publisher set for bright future

Digital Chocolate president Paananen steps down
| Digital Chocolate news

Digital Chocolate president Ilkka Paananen (pictured) is to step down from his position at the publisher, reports

The site claims Paananen confirmed his move in an open email, claiming he was leaving the company to spend more time with his family.

"I am very proud of what we have achieved at Digital Chocolate, and feel very confident that you will continue to see great results from the team here," Paananen says in the email.

"Also, I wanted to use this opportunity to thank all of our partners for your support during all these years."

Paananen previously founded Finnish developer Sumea, taking on the role of Digital Chocolate president back in February.

Cocoa power

Interestingly, founder and CEO Trip Hawkins said at the time that Paananen would be behind the publisher's social gaming drive - which remains its main focus.

Indeed, Paananen's decision follows the massive investment secured by Digital Chocolate earlier in the week.

The 'multi-million dollar' line of credit, funded by Bridge Capital Holdings, is to be used for 'general corporate purposes', although the publisher has suggested it has designs on expanding its social gaming line-up on social networks such as Facebook and on iPhone.

"Digital Chocolate is emerging as one of the new leaders in mobile and social games," Hawkins said earlier in the week.

"Bridge Bank will help us grow faster. They have confidence in our performance to date and the strong market position we are building."
Keith Andrew
Keith Andrew
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font. He's also Pocket Gamer's resident football gaming expert and, thanks to his work on, monitors the market share of all mobile OSes on a daily basis.