Observed Signal · Oct 22, 2026 · Market Signal · Source: Stillfront Group · Impact: 2/5

Stillfront appoints Marcus Jacobs as new President and Group CEO

Executive Signal Summary

The Board of Directors of Stillfront Group AB (publ) has appointed Marcus Jacobs as new President and Group CEO.

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Primary Reporting: Stillfront Group•Published: Oct 22, 2026

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HiringOct 23, 2026

Stillfront appoints Marcus Jacobs as CEO

Stillfront Group, a Swedish gaming firm behind titles like Albion Online and BitLife, has appointed Marcus Jacobs as its new President and Group CEO, effective November 1, 2026. Jacobs brings over 25 years of games industry experience, including roles as director of monetisation at Electronic Arts, seven years on King's Candy Crush executive team, and chief commercial officer at Embark Studios. He also served on Stillfront's Board of Directors from 2022 to 2026. Jacobs will succeed Alexis Bonte, who remains in the role until the handover. The announcement accompanied Stillfront's Q3 2026 results, which showed net revenue of SEK 1,291 million (~$130 million), down 1% year-on-year, and adjusted EBITDAC of SEK 366 million (~$36.8 million), a 16% decline. Bonte attributed the dip to deprioritized catalogue games, while key franchises like Big, Empire, and Board grew organically for the fifth consecutive quarter.

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Leadership ChangeJun 30, 2026

Stillfront Seeks New CEO After Alexis Bonte Steps Aside

Alexis Bonte is stepping down as CEO of Stillfront but will remain in the role until a successor is appointed. Stillfront, a roll-up group that owns studios including Goodgame, Supremacy, Jawaker, BitLife, Albion and Sandbox Interactive, has recently completed a strategic restructure and sold its narrative game portfolio. The company held an extraordinary general meeting in March that replaced three board members. Bonte joined Stillfront in 2017 (via the acquisition of eRepublik Labs, the studio he co‑founded), served as group COO and was appointed CEO in October 2024, leading the strategic review and restructuring. Lars‑Johan Jarnheimer, Stillfront’s chair, thanked Bonte for his contribution and said Bonte will support a smooth transition.

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FinancialsJul 27, 2026

Stillfront CEO Search Continues; Q2 Revenue Steady

Stillfront, the Stockholm-listed mobile games group, is continuing its search for a new chief executive to replace Alexis Bonte as it published Q2 2026 results. The group reported net revenue of $136m (SEK 1,323m), down from SEK 1,436m a year earlier, with organic growth at -1.3% (impacted by FX, divestments and a settlement with rival Gameberry). Adjusted EBITDAC rose to $40m (SEK 387m) and margin improved to 29% as marketing spend eased. Key franchises grew 10% organically while smaller titles declined 24%. Notable franchise performances included Empire (Goodgame Studios) +2%, Albion Online (Sandbox Interactive) +10% after its Xbox console launch, and Jawaker +11%. Free cash flow for the quarter was $53.5m (SEK 519m), earmarked for debt reduction, and the company confirmed a strategic review is under way.

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