Despite Magic’s Unprecedented Success, Wizards President Steps Down

According to a regulatory filing released on Tuesday, John Hight will relinquish his position as president of Wizards of the Coast effective September 1. Hight assumed the role in 2024, succeeding Cynthia Williams following his tenure as general manager and executive producer for Blizzard Entertainment’s iconic *Warcraft* portfolio.

During Hight’s stewardship, the Hasbro subsidiary—responsible for industry heavyweights like *Magic: The Gathering* and *Dungeons & Dragons*—enjoyed unprecedented fiscal triumphs. The publisher celebrated its most lucrative fiscal year to date in 2025, boasting a staggering 45% surge in year-over-year revenue. Magic: The Gathering stood out as the undisputed crown jewel, pulling in an unprecedented $1.72 billion—a 59% jump from the previous year. Furthermore, the collectible card game recently shattered boundaries by generating over $500 million in a single quarter for the first time, driving nearly 48% of Hasbro’s total quarterly earnings.