Thunderful expands leadership team and appoints Agostino Simonetta as new Thunderful Games boss

Thunderful Group continue to accelerate the growth strategy for Thunderful Games by clarifying areas of responsibility and allocating additional resources.

Agostino Simonetta joined as Chief Strategy and Investment Officer on July 1, 2021 after seven years at Microsoft, where he headed the Global Partnership Management at the ID@Xbox program. During two decades in the games industry Simonetta has also worked at PlayStation Europe, SEGA Europe and THQ.

In his new role as Chief Games Officer at Thunderful Group and head of Thunderful Games, Simonetta will focus on accelerating the growth of the Games segment’s three divisions: Thunderful Development, Thunderful Publishing and Thunderful Investment.

Appointing Simonetta is a part of a strategy where Thunderful defines areas of responsibility and allocates additional resources to the gaming companies, which will also going forward be run in decentralised fashion. Eddie Beardsmore (VP of Development), Dieter Schoeller (VP of Publishing) and Callum Underwood (VP of Investment) will lead each business division. Today, Thunderful Games employs more than 300 people.

"We want to define our business areas and responsibilities more clearly. It’s strategically sound to strengthen the organisation, and Agostino is the right person to take Thunderful Games to the next level," says Thunderful Group CEO Brjann Sigurgeirsson.

As a part of the restructuring Klaus Lyngeled, former Head of Development, leaves Thunderful Group. Lyngeled, who previously founded successful game developer Zoink Games, has contributed to elevating the games business and to restructuring the company. Lyngeled will be with the company for an additional six months.

"Klaus has a special brand of creativity, and has developed a number of qualitative games and IPs during his years at Zoink Games and Thunderful. I want to thank him for his good work, and I wish him all the best with future projects,” says Thunderful Group CEO Brjann Sigurgeirsson.

For more information, please contact:
Brjánn Sigurgeirsson, CEO, Thunderful Group
Email: brjann@thunderfulgroup.com
Phone: +46 708 16 16 32


About Thunderful Group
Thunderful Group is a group of companies that develops, publishes and invests in games, while also distributing Nintendo products, games, game accessories and toys. The headquarters is located in Gothenburg, Sweden, with additional offices in Aarhus, Cologne, Copenhagen, Helsingborg, Helsinki, Hohenwestedt, Hong Kong, Karlshamn, Kungsbacka, Larvik, Madrid, Malmö, Newcastle, Skövde, Stockholm and Sunderland. The Group's overall goal is to provide high-quality entertainment products for people of all ages. Thunderful Group is listed on Nasdaq First North Premier. FNCA Sweden AB is appointed Certified Adviser, info@fnca.se, +46(0)8-528 00 399.