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Aaron Loeb Joins Kabam to Lead North American Studios

Companies mentioned in this article: Kabam

SAN FRANCISCO -- (BUSINESS WIRE) -- Kabam, the leader in the western world for free-to-play games for traditional players, today announced it has hired twenty year game industry veteran Aaron Loeb as the company’s senior vice president, North American Studios. Loeb will oversee Kabam’s studios in San Francisco and Vancouver where more than 400 developers, artists, localization experts and player experience representatives are responsible for many of Kabam’s original hit games and games developed in partnership with Hollywood studios.

“Aaron Loeb is a triple-A talent who will push our first-party games to new heights,” Kabam Co-Founder and CEO Kevin Chou said. “He is a pillar in the games world who helped build the robust and growing industry as we know it today.”

Prior to joining Kabam, Loeb was a vice president at Electronic Arts, where he was a group general manager of Generation Studios, EA Mobile, overseeing the development of hit games such as The Simpsons: Tapped Out and Monopoly Slots. Before joining Electronic Arts, Loeb was CEO of game development house Planet Moon Studios. In addition to his games work, Loeb is a published, award-winning playwright, whose work has been performed around the country.

“Kabam makes incredibly compelling free-to-play games that measure audience engagement not in days, but in years,” said Loeb. “I’m excited to help expand that portfolio and define the next generation of gaming for the company, the industry and players around the world.”

With offices throughout the U.S. as well as China, South Korea, England, Germany and Canada, Kabam delivers hit games to global audiences to create long-lasting franchises. Kabam games are routinely among the top 25 grossing games on the app store charts, and in 2013 Kabam had two of the top ten grossing apps in the App Store. Kabam closed 2013 with more than $360 million in revenues, a 100 percent increase over 2012.

In addition to hit first-party games, Kabam is uniquely positioned in the free-to-play industry with deep Hollywood partnerships that produce hit mobile titles such as The Hobbit: Kingdoms of Middle-earth, Fast & Furious 6: The Game as well as the forthcoming The Hunger Games. Kabam also has a robust publishing platform that delivers hit games from Asia to global audiences.

Loeb is the most recent high-profile executive hire for Kabam in 2014. Earlier this year the company added Chris Petrovic, head of corporate development; Paxton Cooper, Jr., senior vice president, Platform; Doug Inamine, senior vice president, People; and Jordan Edelstein, vice president of Marketing, Kabam Studios.

About Kabam

Kabam is the leader in the western world for free-to-play games for traditional players with first and third party published titles available on mobile devices via the Apple AppStore, Google Play, Amazon Appstore, and on the Web via Facebook, Yahoo, Kabam.com and other platforms. Kabam is the fastest growing Internet media company in the San Francisco Bay Area and the 17th fastest growing company overall in the U.S., according to Deloitte LLP. Kabam's 2013 revenues exceeded $360 million, a 100 percent increase over 2012. The company is profitable and cash-flow positive, and has created four titles that have grossed more than $100M each in their life. Kabam's Kingdoms of Camelot franchise has grossed more than $250 million in less than four years, making it one of the top 10 strategy franchises of all time. In 2012, Kabam Publishing was launched to provide third-party developers access to Kabam's technology platform, distribution channels, data analytics and best practices that Kabam's in-house development teams use to bring wildly successful games to players worldwide. Kabam has approximately 800 employees around the world, with corporate headquarters in San Francisco. The company's investors include Google, Warner Brothers, MGM, Intel, Canaan Partners, Redpoint Ventures, Pinnacle Ventures and others. More information about Kabam can be found at www.kabam.com.


Copyright © Business Wire 2014
Contact:

Kabam
Steve Swasey, 415-391-0817
VP, Head of Communications
sswasey@kabam.com