Team17 has named Rashid Varachia as its Chief Financial Officer and Chief Operating Officer
Rashid Varachia has been appointed as chief financial officer and chief operating officer by Team17.
The current CFO, Mark Crawford, will exit his position on October 31 to explore other business opportunities.
With previous experience as CFO at both Jagex and Codemasters, Varachia joined Codemasters in 2012 where he advanced from vice president of finance to CFO by 2015.
In 2021, he transitioned to Jagex, playing a key role in its acquisition by CVC Capital Partners and Haveli Investments earlier this year.
Frank Sagnier, Team17's non-executive chair, expressed gratitude towards Crawford for his contributions over the past five years and expressed well wishes for his future endeavors.
Sagnier stated, "[Varachia] is a proven CFO and experienced video games industry professional, who has consistently delivered growth and value to investors in the sector. As we seek to accelerate growth and drive shareholder value, I am confident Varachia will be a great addition to the management team."