North American esports organisation FaZe Clan has appointed Erik Anderson as its President.
Anderson will move from his current role as Head of Esports to take a greater leadership role within FaZe Clan. However, as President, he will continue to lead the organisation’s esports division while focusing on the rest of the business.
In addition to Anderson becoming President of FaZe Clan, Chief Financial Officer Christoph Pachler will become the Chief Operating Officer of FaZe Holdings, the parent company of the organisation.
The move follows the resignation of Zach Katz who joined FaZe Clan in May 2022.
Anderson joined FaZe Clan in 2016 and is responsible for expanding the organisation’s esports division. FaZe Clan currently competes across 13 titles including Call of Duty, Counter-Strike, and Apex Legends.
The switch in personnel follows FaZe Clan reporting a net loss of $14.04m (~£11.2m) during the first quarter of 2023, ending March 31st. In addition to a net loss, the organisation also reported revenues and profit had decreased over the same period of time.
The appointment of a new FaZe Clan president is the second personnel change to take place in recent months. In March, the organisation promoted Matt ‘BK’ Augustin to the role of Vice President of Brand and Creative Strategy after two years as the Director of Brand & Creative Strategy.
Lee Trink, CEO of FaZe Holdings, spoke on the appointment: “Erik has deep roots at FaZe Clan and has been a critical leader throughout the past several years with a proven track record of successfully growing and developing talent.
“I’m thrilled for him to further leverage his knowledge and understanding of the FaZe Clan brand to additional verticals across the organization.”