Gonzalez takes charge of a business with years of falling revenue - as well as a run of promising crowdfunding successes.
CMON has warned that its core business is suffering a "prolonged structural downturn" and is still consuming more cash than it generates, despite a drastic restructuring which has seen the board game crowdfunding major halve its workforce, sell off some of its biggest game IPs and halt new crowdfunding campaigns.
Despite Asmodee's long-time image as a board game publishing heavyweight, more than 72% of its revenue now comes via its distribution of other companies' games.
The publisher has broken a three-year run of losses since bringing in John Coveyou to restructure the company last July, with the profits allowing it to get Santa’s Workshop into the hands of backers, as well as starting to pay some of the backlog of royalties it owes designers.
Asmodee CEO Thomas Koegler said the company had seen "good momentum" in its lower price-point products in the US mass market, singling out Exploding Kittens as a particularly strong performer in what he called a "challenging market".
Financially-struggling board game publisher Elf Creek Games has brought in Genius Games founder John Coveyou as executive director, as the company tries to "stabilise and restructure" in order to get its multiple unfulfilled Kickstarter campaigns out to backers.
Board game crowdfunding major CMON has followed its profit warning from earlier this month by revealing it is likely to miss its stock exchange deadline for publishing its annual financial results, saying its finance department is currently understaffed.
Wingspan and Scythe publisher Stonemaier Games saw its profits rise last year despite a continued fall in revenue, which is down almost a third from the record $24.7m the company reached in 2021.
Mythic Games, one of the most successful crowdfunding-focused board game publishers of all time, is fighting for its survival after rising prices left it struggling under the weight of its expensive to produce, miniatures-heavy projects.
